Zip 51533 (Emerson, IA) Cost of Living


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How much do I need to live in Emerson, Iowa?
$2,640 / month
for a family, 51.1% less expensive than the national average A total of $31,680 for the year for a family.
$2,433 / month
for a single person, 49.0% less expensive than the national average A total of $29,200 for the year for a single person.

Emerson cost of living score
86.9
Less expensive
13.1% lower
than the US average
8.5% higher
than the Iowa average
Emerson (zip 51533), Iowa gets a BestPlaces Cost of Living score of 86.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.1% lower than the U.S. average and 8.5% lower than the average for Iowa.

Zip 51533 (Emerson, IA)

Housing costs in Emerson?
A typical home costs $165,000, which is 51.2% less expensive than the national average of $338,100 and 15.3% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Emerson costs $890 per month, which is 4.3% cheaper than the national average of $930 and 21.3% cheaper than the state average of $1,080.

Can I afford Emerson?
To live comfortably in Emerson (zip 51533), Iowa, a minimum annual income of $31,680 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Emerson?
51533 Emerson, IA is a great place to live if you're looking for a low cost of living. The median home value in the area is $70,000, significantly lower than the national median of $219,700. Additionally, groceries and other everyday necessities are relatively cheap compared to other areas. Residents of 51533 Emerson can save money on taxes too; the state income tax rate is among the lowest in the country. All in all, 51533 Emerson offers a very competitive cost of living that should be attractive to potential residents.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesEmersonIowaUnited States
    Unlock80.1100.0
  94.2  Unlock100.0
    Unlock108.2100.0
  40.1  Unlock100.0
    Unlock$194,900$338,100
  96.9  Unlock100.0
    Unlock71.4100.0
  109.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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