Zip 50165 (Millerton, IA) Cost of Living


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United States / Iowa / No Metro Area / Wayne County / Millerton / Millerton (zip 50165)

Millerton cost of living score
72.3
Less expensive
27.7% lower
than the US average
9.7% lower
than the Iowa average
Millerton (zip 50165), Iowa gets a BestPlaces Cost of Living score of 72.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.7% lower than the U.S. average and 9.7% higher than the average for Iowa.

Zip 50165 (Millerton, IA)

Housing costs in Millerton?
A typical home costs $133,600, which is 60.5% less expensive than the national average of $338,100 and 31.5% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Millerton costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 20.8% cheaper than the state average of $930.

Can I afford Millerton?
To live comfortably in Millerton (zip 50165), Iowa, a minimum annual income of $25,560 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Millerton?
The cost of living in 50165 Millerton, IA is relatively affordable compared to other areas of the United States. The median home value in Millerton is $117,400, which is significantly lower than the national median value of $226,800. The median rent price in Millerton is also lower than the national average at $652 per month. In addition to being more affordable than many other parts of the country, living in Millerton provides residents with many amenities such as public parks and recreational centers. Additionally, taxes are relatively low and utilities costs are moderate. With its combination of affordability and amenities, it's no wonder that so many people choose to call Millerton home.
   Cost of living score
     CategoriesMillertonIowaUnited States
  72.380.1100.0
  92.894.4100
  117.1108.2100.0
  20.655.4100.0
  $133,600$194,900$338,100
  102.9%98.5%100.0%
  75.571.4100.0
  82.096.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime