Zip 50105 (Gilbert, IA) Cost of Living


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Gilbert cost of living score
87.6
Less expensive
12.4% lower
than the US average
9.4% higher
than the Iowa average
Gilbert (zip 50105), Iowa gets a BestPlaces Cost of Living score of 87.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.4% lower than the U.S. average and 9.4% lower than the average for Iowa.

Zip 50105 (Gilbert, IA)

Housing costs in Gilbert?
A typical home costs $274,800, which is 18.7% less expensive than the national average of $338,100 and 41.0% more expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Gilbert costs $850 per month, which is 8.6% cheaper than the national average of $930 and 12.9% cheaper than the state average of $960.

Can I afford Gilbert?
To live comfortably in Gilbert (zip 50105), Iowa, a minimum annual income of $52,560 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Gilbert?
The cost of living in 50105 Gilbert, IA is quite reasonable. The median home value is $114,400, while the median rent is $735 per month. The overall cost of living index sits at 84.5, which is 16.5% lower than the national average. This makes 50105 Gilbert, IA an ideal location for those looking to save money on their cost of living expenses. Additionally, there are a variety of stores and restaurants located nearby providing plenty of options for entertainment and shopping without breaking the bank.
   Cost of living score
     CategoriesGilbertIowaUnited States
  87.680.1100.0
  98.494.4100
  120.8108.2100.0
  80.855.4100.0
  $274,800$194,900$338,100
  101.0%98.5%100.0%
  69.771.4100.0
  114.796.3100.0

   100=National Average

   Average Rent by Bedroom Size
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