Housing costs in Meservey?
A typical home costs
$78,600, which is 76.8% less expensive than the national average of
$338,100 and 59.7% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Meservey costs
$730 per month, which is 21.5% cheaper than the national average of
$930 and 13.7% cheaper than the state average of
$830.
Can I afford Meservey?
To live comfortably in Meservey (zip 50457), Iowa, a minimum annual income of
$15,120 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Meservey?
The cost of living in 50457 Meservey, IA is generally considered to be very affordable. According to BestPlaces's Cost of Living Index, the city has an index score of 68.1, which is significantly lower than the national average. Housing costs in particular are low, with a one bedroom apartment renting at an average of $600 a month. Groceries and other everyday items also tend to be cheaper compared to other parts of the country. On top of that, residents pay an average of 8.6% less for their utilities than the national average rate. All these factors combine to make 50457 Meservey, IA a place where people can live comfortably on relatively low incomes.