Zip 50420 (Alexander, IA) Cost of Living


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United States / Iowa / No Metro Area / Franklin County / Alexander / Alexander (zip 50420)
How much do I need to live in Alexander, Iowa?
$1,920 / month
for a family, 64.4% less expensive than the national average A total of $23,040 for the year for a family.
$2,000 / month
for a single person, 58.0% less expensive than the national average A total of $24,000 for the year for a single person.

Alexander cost of living score
69.6
Less expensive
30.4% lower
than the US average
13.1% lower
than the Iowa average
Alexander (zip 50420), Iowa gets a BestPlaces Cost of Living score of 69.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.4% lower than the U.S. average and 13.1% higher than the average for Iowa.

Zip 50420 (Alexander, IA)

Housing costs in Alexander?
A typical home costs $120,300, which is 64.4% less expensive than the national average of $338,100 and 38.3% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Alexander costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 17.7% cheaper than the state average of $930.

Can I afford Alexander?
To live comfortably in Alexander (zip 50420), Iowa, a minimum annual income of $23,040 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Alexander?
The cost of living in 50420 Alexander, IA is relatively low, with the estimated median household income coming in at $46,728. Additionally, the estimated median home value is $94,535 which is quite affordable. With a population of just over 500 people and a range of locally-owned businesses, there are plenty of options for affordable goods and services. Property taxes are even lower than the national average, which further adds to the city’s appeal. Overall, folks who prefer an affordable lifestyle without sacrificing access to amenities should consider living in 50420 Alexander, IA.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAlexanderIowaUnited States
    Unlock80.1100.0
  94.4  Unlock100.0
    Unlock108.2100.0
  33.7  Unlock100.0
    Unlock$194,900$338,100
  100.6  Unlock100.0
    Unlock71.4100.0
  85.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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