Zip 50554 (Laurens, IA) Cost of Living


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United States / Iowa / No Metro Area / Pocahontas County / Laurens / Laurens (zip 50554)
How much do I need to live in Laurens, Iowa?
$1,110 / month
for a family, 79.4% less expensive than the national average A total of $13,320 for the year for a family.
$1,767 / month
for a single person, 62.9% less expensive than the national average A total of $21,200 for the year for a single person.

Laurens cost of living score
70
Less expensive
30.0% lower
than the US average
12.6% lower
than the Iowa average
Laurens (zip 50554), Iowa gets a BestPlaces Cost of Living score of 70, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.0% lower than the U.S. average and 12.6% higher than the average for Iowa.

Zip 50554 (Laurens, IA)

Housing costs in Laurens?
A typical home costs $69,600, which is 79.4% less expensive than the national average of $338,100 and 64.3% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Laurens costs $700 per month, which is 51.0% cheaper than the national average of $1,430 and 32.9% cheaper than the state average of $930.

Can I afford Laurens?
To live comfortably in Laurens (zip 50554), Iowa, a minimum annual income of $13,320 for a family, and $21,200 for a single person is recommended.

What does A.I. say about Laurens?
The cost of living in 50554 Laurens, IA is relatively low compared to other parts of the United States. The overall cost of living index for 50554 Laurens, IA is 83.2, which is 17.8% lower than the national average. In comparison, housing costs are approximately 41.9% lower and health care costs are about 4.4% lower than the national average. Additionally, groceries and utilities costs are also below the national average at 11.7% and 9.3%, respectively. All of these figures combine to create an affordable living environment for those looking to reside in 50554 Laurens, IA area with a comfortable standard of living without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLaurensIowaUnited States
    Unlock80.1100.0
  92.3  Unlock100.0
    Unlock108.2100.0
  22.6  Unlock100.0
    Unlock$194,900$338,100
  102.1  Unlock100.0
    Unlock71.4100.0
  90.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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