Zip 50644 (Independence, IA) Cost of Living


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United States / Iowa / No Metro Area / Buchanan County / Independence / Independence (zip 50644)

Independence cost of living score
77.9
Less expensive
22.1% lower
than the US average
2.7% lower
than the Iowa average
Independence (zip 50644), Iowa gets a BestPlaces Cost of Living score of 77.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.1% lower than the U.S. average and 2.7% higher than the average for Iowa.

Zip 50644 (Independence, IA)

Housing costs in Independence?
A typical home costs $176,900, which is 47.7% less expensive than the national average of $338,100 and 9.2% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Independence costs $870 per month, which is 39.2% cheaper than the national average of $1,430 and 6.9% cheaper than the state average of $930.

Can I afford Independence?
To live comfortably in Independence (zip 50644), Iowa, a minimum annual income of $33,840 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Independence?
The cost of living in 50644 Independence, IA is relatively low compared to the national average. The median home price is around $128,600 which is well below the national average and makes it an affordable place to live. The area also has a low unemployment rate, which further contributes to its affordability. Additionally, many basic necessities such as food and utilities are reasonably priced in the area, making it a great place for those looking for an affordable lifestyle.
   Cost of living score
     CategoriesIndependenceIowaUnited States
  77.980.1100.0
  95.794.4100
  103.6108.2100.0
  48.455.4100.0
  $176,900$194,900$338,100
  99.0%98.5%100.0%
  66.771.4100.0
  91.696.3100.0

   100=National Average

   Average Rent by Bedroom Size
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