Zip 50316 (Des Moines, IA) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Des Moines cost of living score
86.6
Less expensive
13.4% lower
than the US average
8.1% higher
than the Iowa average
Des Moines (zip 50316), 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 50316 (Des Moines, IA)

Housing costs in Des Moines?
A typical home costs $139,600, which is 58.7% less expensive than the national average of $338,100 and 28.4% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Des Moines costs $950 per month, which is 2.2% more than the national average of $930 and 11.6% cheaper than the state average of $1,060.

Can I afford Des Moines?
To live comfortably in Des Moines (zip 50316), Iowa, a minimum annual income of $26,640 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Des Moines?
The cost of living in 50316 Des Moines, IA is relatively affordable compared to other cities. The median home value is around $173,000, and the median rent price is about $1,100 per month. As of 2019, groceries are 8.9% lower than the national average and utilities are 11.1% lower than the national average. Overall, it can be said that residing in Des Moines is quite economical when compared to other metropolitan areas across the country.
   Cost of living score
     CategoriesDes MoinesIowaUnited States
  86.680.1100.0
  94.394.4100
  102.4108.2100.0
  46.255.4100.0
  $139,600$194,900$338,100
  89.3%98.5%100.0%
  73.871.4100.0
  115.396.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime