Zip 51532 (Elliott, IA) Cost of Living


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United States / Iowa / No Metro Area / Montgomery County / Elliott / Elliott (zip 51532)
How much do I need to live in Elliott, Iowa?
$1,740 / month
for a family, 67.8% less expensive than the national average A total of $20,880 for the year for a family.
$2,533 / month
for a single person, 46.9% less expensive than the national average A total of $30,400 for the year for a single person.

Elliott cost of living score
70.8
Less expensive
29.2% lower
than the US average
11.6% lower
than the Iowa average
Elliott (zip 51532), Iowa gets a BestPlaces Cost of Living score of 70.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.2% lower than the U.S. average and 11.6% higher than the average for Iowa.

Zip 51532 (Elliott, IA)

Housing costs in Elliott?
A typical home costs $108,700, which is 67.8% less expensive than the national average of $338,100 and 44.2% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Elliott costs $1,000 per month, which is 30.1% cheaper than the national average of $1,430 and 7.0% more than the state average of $930.

Can I afford Elliott?
To live comfortably in Elliott (zip 51532), Iowa, a minimum annual income of $20,880 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Elliott?
51532 Elliott, IA is a relatively inexpensive place to live. The cost of living index for the area is about 85.0, which is 15 points lower than the national average of 100. Housing costs are especially low in 51532 Elliott, IA with the median home value sitting at just $51,688. This is far below the US median home price of $184,700. Other costs such as groceries and utilities are also quite affordable compared to surrounding areas and nationwide averages. All in all, 51532 Elliott, IA offers a great balance of affordability and quality of life for those looking to move to the area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesElliottIowaUnited States
    Unlock80.1100.0
  93.5  Unlock100.0
    Unlock108.2100.0
  29.6  Unlock100.0
    Unlock$194,900$338,100
  103.2  Unlock100.0
    Unlock71.4100.0
  82.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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