Zip 50452 (Latimer, IA) Cost of Living


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United States / Iowa / No Metro Area / Franklin County / Latimer / Latimer (zip 50452)
How much do I need to live in Latimer, Iowa?
$1,710 / month
for a family, 68.3% less expensive than the national average A total of $20,520 for the year for a family.
$2,067 / month
for a single person, 56.6% less expensive than the national average A total of $24,800 for the year for a single person.

Latimer cost of living score
69.6
Less expensive
30.4% lower
than the US average
13.1% lower
than the Iowa average
Latimer (zip 50452), Iowa gets a BestPlaces Cost of Living score of 69.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.4% lower than the U.S. average and 13.1% higher than the average for Iowa.

Zip 50452 (Latimer, IA)

Housing costs in Latimer?
A typical home costs $107,900, which is 68.1% less expensive than the national average of $338,100 and 44.6% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Latimer costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 13.4% cheaper than the state average of $930.

Can I afford Latimer?
To live comfortably in Latimer (zip 50452), Iowa, a minimum annual income of $20,520 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Latimer?
The cost of living in 50452 Latimer, IA is relatively affordable compared to other areas in the United States. The median home value is $118,100 which is slightly lower than the national average of $184,700. The median household income is $67,281 which is slightly higher than the national average of $61,937. Overall, living costs are lower than the average for many cities across the country with taxes being especially low in comparison. The cost of goods and services such as groceries and healthcare are also relatively low in this area making it a great place to live and raise a family at an affordable rate.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLatimerIowaUnited States
    Unlock80.1100.0
  93.4  Unlock100.0
    Unlock108.2100.0
  32.2  Unlock100.0
    Unlock$194,900$338,100
  100.6  Unlock100.0
    Unlock71.4100.0
  85.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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