Zip 50101 (Galt, IA) Cost of Living


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United States / Iowa / No Metro Area / Wright County / Galt / Galt (zip 50101)
How much do I need to live in Galt, Iowa?
$1,920 / month
for a family, 64.4% less expensive than the national average A total of $23,040 for the year for a family.
$1,967 / month
for a single person, 58.7% less expensive than the national average A total of $23,600 for the year for a single person.

Galt cost of living score
71.5
Less expensive
28.5% lower
than the US average
10.7% lower
than the Iowa average
Galt (zip 50101), Iowa gets a BestPlaces Cost of Living score of 71.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.5% lower than the U.S. average and 10.7% higher than the average for Iowa.

Zip 50101 (Galt, IA)

Housing costs in Galt?
A typical home costs $121,100, which is 64.2% less expensive than the national average of $338,100 and 37.9% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Galt costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 19.2% cheaper than the state average of $930.

Can I afford Galt?
To live comfortably in Galt (zip 50101), Iowa, a minimum annual income of $23,040 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Galt?
The cost of living in 50101 Galt, IA is quite reasonable. The median home price is $111,500, which is slightly below the national average. Additionally, the groceries index is nearly 4 percent below the national average, and the overall cost of living index also falls significantly below the national average. Utility costs are also relatively low in Galt, making it a great place to live on a budget. Overall, Galt's economy and low cost of living rate make it an attractive destination for both full-time residents and people looking for a vacation spot.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGaltIowaUnited States
    Unlock80.1100.0
  90.4  Unlock100.0
    Unlock108.2100.0
  24.9  Unlock100.0
    Unlock$194,900$338,100
  101.5  Unlock100.0
    Unlock71.4100.0
  88.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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