Zip 51533 (Emerson, IA) Cost of Living


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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
     CategoriesEmersonIowaUnited States
  86.980.1100.0
  94.294.4100
  110.8108.2100.0
  40.155.4100.0
  $165,000$194,900$338,100
  96.9%98.5%100.0%
  89.271.4100.0
  109.996.3100.0

   100=National Average

   Average Rent by Bedroom Size
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