Zip 50840 (Clearfield, IA) Cost of Living


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United States / Iowa / No Metro Area / Taylor County / Clearfield / Clearfield (zip 50840)

Clearfield cost of living score
73.1
Less expensive
26.9% lower
than the US average
8.7% lower
than the Iowa average
Clearfield (zip 50840), 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 50840 (Clearfield, IA)

Housing costs in Clearfield?
A typical home costs $87,800, which is 74.0% less expensive than the national average of $338,100 and 55.0% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Clearfield costs $720 per month, which is 49.7% cheaper than the national average of $1,430 and 29.2% cheaper than the state average of $930.

Can I afford Clearfield?
To live comfortably in Clearfield (zip 50840), Iowa, a minimum annual income of $16,920 for a family, and $22,000 for a single person is recommended.

What does A.I. say about Clearfield?
The cost of living in 50840 Clearfield, IA is quite affordable. The estimated overall cost of living index is 78.1, which is lower than the national average of 100 and slightly lower than the state average of 81.2. Compared to other parts of the country, this makes it a great place for people looking to save money. The average home price in Clearfield is $117,500 and the median household income is $51,097, making it an attainable option for many people looking to purchase or rent in this area. Additionally, groceries, utilities, transportation and healthcare costs are all very affordable as well. All these factors make 50840 Clearfield a great choice for people looking to get more bang for their buck.
   Cost of living score
     CategoriesClearfieldIowaUnited States
  73.180.1100.0
  92.194.4100
  120.4108.2100.0
  25.255.4100.0
  $87,800$194,900$338,100
  102.3%98.5%100.0%
  70.771.4100.0
  83.196.3100.0

   100=National Average

   Average Rent by Bedroom Size
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