Zip 50161 (Maxwell, IA) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Maxwell cost of living score
87.6
Less expensive
12.4% lower
than the US average
9.4% higher
than the Iowa average
Maxwell (zip 50161), 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 50161 (Maxwell, IA)

Housing costs in Maxwell?
A typical home costs $246,900, which is 27.0% less expensive than the national average of $338,100 and 26.7% more expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Maxwell costs $870 per month, which is 6.5% cheaper than the national average of $930 and 10.3% cheaper than the state average of $960.

Can I afford Maxwell?
To live comfortably in Maxwell (zip 50161), Iowa, a minimum annual income of $47,160 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Maxwell?
50161 Maxwell, IA is a city with an affordable cost of living. The cost of housing is very reasonable, with the median home value being roughly $87,400. Utilities costs are also quite low in Maxwell, making it an ideal place for those looking to save money on monthly expenses. Groceries in the area are fairly priced as well, which is great news for families and individuals trying to keep their budgets under control. Sales tax rates are also attractive, coming in at 6%, which can be a major bonus if you're considering purchasing large items like furniture or appliances. All in all, Maxwell is a great place to live when it comes to finding a place that won't break the bank.
   Cost of living score
     CategoriesMaxwellIowaUnited States
  87.680.1100.0
  97.694.4100
  120.8108.2100.0
  71.055.4100.0
  $246,900$194,900$338,100
  105.4%98.5%100.0%
  83.571.4100.0
  114.796.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime