Zip 50421 (Belmond, IA) Cost of Living


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United States / Iowa / No Metro Area / Wright County / Belmond / Belmond (zip 50421)
How much do I need to live in Belmond, Iowa?
$1,860 / month
for a family, 65.6% less expensive than the national average A total of $22,320 for the year for a family.
$2,033 / month
for a single person, 57.4% less expensive than the national average A total of $24,400 for the year for a single person.

Belmond cost of living score
71.5
Less expensive
28.5% lower
than the US average
10.7% lower
than the Iowa average
Belmond (zip 50421), Iowa gets a BestPlaces Cost of Living score of 71.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.5% lower than the U.S. average and 10.7% higher than the average for Iowa.

Zip 50421 (Belmond, IA)

Housing costs in Belmond?
A typical home costs $115,800, which is 65.7% less expensive than the national average of $338,100 and 40.6% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Belmond costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 16.3% cheaper than the state average of $930.

Can I afford Belmond?
To live comfortably in Belmond (zip 50421), Iowa, a minimum annual income of $22,320 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Belmond?
The cost of living in 50421 Belmond, IA is very affordable compared to other parts of the country. The median household income is $45,134 and the median home value is $99,900. This means that housing prices are very reasonable for a small town like Belmond. In addition, taxes are quite low compared to other states with no state income tax and relatively low property taxes. Groceries, entertainment and transportation costs are also quite reasonable making this an attractive place to live for those looking for an affordable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBelmondIowaUnited States
    Unlock80.1100.0
  93.7  Unlock100.0
    Unlock108.2100.0
  30.7  Unlock100.0
    Unlock$194,900$338,100
  101.5  Unlock100.0
    Unlock71.4100.0
  88.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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