Housing costs in Des Moines?
A typical home costs
$164,100, which is 51.5% less expensive than the national average of
$338,100 and 15.8% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Des Moines costs
$1,010 per month, which is 8.6% more than the national average of
$930 and 5.0% cheaper than the state average of
$1,060.
Can I afford Des Moines?
To live comfortably in Des Moines (zip 50317), Iowa, a minimum annual income of
$31,320 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Des Moines?
The cost of living in 50317 Des Moines, IA is relatively affordable compared to other areas of the country. According to BestPlaces, the city has an overall cost of living index of 86 – 14 points below the national average. Goods and services, including groceries, health care, and transportation are all slightly below the national average as well. The median home value is just over $130,000 which is significantly lower than many other states. Rental prices are also quite reasonable with a median rent price of $945 for a one bedroom apartment. All in all, 50317 Des Moines is an affordable place to live with plenty of opportunities for its residents.