Housing costs in Des Moines?
A typical home costs
$307,000, which is 9.2% less expensive than the national average of
$338,100 and 57.5% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Des Moines costs
$1,050 per month, which is 12.9% more than the national average of
$930 and close to the state average of
$1,060.
Can I afford Des Moines?
To live comfortably in Des Moines (zip 50309), Iowa, a minimum annual income of
$58,680 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Des Moines?
The cost of living in the 50309 Des Moines, IA area is very affordable. The median home price in the neighborhood is around $140,000 and the median rent is approximately $950 a month. Utilities are relatively low as well, with electricity averaging just over $100 a month and natural gas hovering around $60 a month. Additionally, groceries tend to be much cheaper than in other parts of the country, so you can get more bang for your buck at the grocery store. All in all, Des Moines offers an incredibly reasonable cost of living that makes it an attractive place to live for those looking for affordability.