Housing costs in Des Moines?
A typical home costs
$130,700, which is 61.3% less expensive than the national average of
$338,100 and 32.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Des Moines costs
$960 per month, which is 3.2% more than the national average of
$930 and 10.4% cheaper than the state average of
$1,060.
Can I afford Des Moines?
To live comfortably in Des Moines (zip 50314), Iowa, a minimum annual income of
$25,200 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Des Moines?
The cost of living in 50314 Des Moines, IA is generally considered to be quite affordable. The estimated median household income in the area is $48,155, which is slightly higher than the national average. The median home cost in 50314 is around $130,000 and rental costs range from around $700 for a one bedroom apartment to nearly $1,200 for a three bedroom unit. Utilities and groceries tend to be on the lower end of the price spectrum when compared to other parts of the country. With such an affordable cost of living, it's no surprise that many people choose to make their home in Des Moines.