Zip 50848 (Gravity, IA) Cost of Living


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United States / Iowa / No Metro Area / Taylor County / Gravity / Gravity (zip 50848)

Gravity cost of living score
73.1
Less expensive
26.9% lower
than the US average
8.7% lower
than the Iowa average
Gravity (zip 50848), Iowa gets a BestPlaces Cost of Living score of 73.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.9% lower than the U.S. average and 8.7% higher than the average for Iowa.

Zip 50848 (Gravity, IA)

Housing costs in Gravity?
A typical home costs $75,800, which is 77.6% less expensive than the national average of $338,100 and 61.1% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Gravity costs $700 per month, which is 51.0% cheaper than the national average of $1,430 and 32.9% cheaper than the state average of $930.

Can I afford Gravity?
To live comfortably in Gravity (zip 50848), Iowa, a minimum annual income of $14,400 for a family, and $21,200 for a single person is recommended.

What does A.I. say about Gravity?
The cost of living in 50848 Gravity, IA is relatively low compared to other areas in the country. While the median home value is around $106,000, one can find a decent two-bedroom apartment for less than $800/month. Groceries and other necessities are also fairly affordable. The overall cost of living index for 50848 Gravity, IA is 87.7, which is 13.3 points lower than the national average. This makes Gravity an ideal place to live for those looking for an affordable option without sacrificing quality amenities or access to services and attractions.
   Cost of living score
     CategoriesGravityIowaUnited States
  73.180.1100.0
  91.694.4100
  120.4108.2100.0
  20.755.4100.0
  $75,800$194,900$338,100
  96.9%98.5%100.0%
  71.171.4100.0
  83.196.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime