Zip 50023 (Ankeny, IA) Cost of Living


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How much do I need to live in Ankeny, Iowa?
$5,070 / month
for a family, 6.1% less expensive than the national average A total of $60,840 for the year for a family.
$3,167 / month
for a single person, 33.6% less expensive than the national average A total of $38,000 for the year for a single person.

Ankeny cost of living score
86.6
Less expensive
13.4% lower
than the US average
8.1% higher
than the Iowa average
Ankeny (zip 50023), Iowa gets a BestPlaces Cost of Living score of 86.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.4% lower than the U.S. average and 8.1% lower than the average for Iowa.

Zip 50023 (Ankeny, IA)

Housing costs in Ankeny?
A typical home costs $316,700, which is 6.3% less expensive than the national average of $338,100 and 62.5% more expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Ankeny costs $1,150 per month, which is 23.7% more than the national average of $930 and 7.8% more than the state average of $1,060.

Can I afford Ankeny?
To live comfortably in Ankeny (zip 50023), Iowa, a minimum annual income of $60,840 for a family, and $38,000 for a single person is recommended.

What does A.I. say about Ankeny?
Ankeny, IA has a relatively low cost of living compared to the national average. The median home value for the area is around $214,000, which is approximately 11% lower than the national average. The median household income in the city is also roughly 10% lower than the national average. Overall, Ankeny is an affordable city with plenty of amenities and opportunities for residents. Groceries and transportation are fairly low-cost while utilities and healthcare can be slightly more expensive. Despite this, it remains a great place to live for those looking for an affordable cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAnkenyIowaUnited States
    Unlock80.1100.0
  100.3  Unlock100.0
    Unlock108.2100.0
  97.4  Unlock100.0
    Unlock$194,900$338,100
  100.1  Unlock100.0
    Unlock71.4100.0
  115.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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