Zip 51553 (Minden, IA) Cost of Living


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Minden cost of living score
82.8
Less expensive
17.2% lower
than the US average
3.4% higher
than the Iowa average
Minden (zip 51553), Iowa gets a BestPlaces Cost of Living score of 82.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.2% lower than the U.S. average and 3.4% lower than the average for Iowa.

Zip 51553 (Minden, IA)

Housing costs in Minden?
A typical home costs $215,000, which is 36.4% less expensive than the national average of $338,100 and 10.3% more expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Minden costs $900 per month, which is 3.2% cheaper than the national average of $930 and 20.0% cheaper than the state average of $1,080.

Can I afford Minden?
To live comfortably in Minden (zip 51553), Iowa, a minimum annual income of $41,040 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Minden?
Living in 51553 Minden, IA is relatively affordable compared to many other areas. The median home price in the area is $159,600 and the median household income is $66,094. This means that housing costs are quite reasonable for those who choose to live in this area. Additionally, other living expenses such as food, transportation, and healthcare tend to be lower than the national average. All of these factors make it a great option for anyone looking for an affordable place to call home.
   Cost of living score
     CategoriesMindenIowaUnited States
  82.880.1100.0
  95.994.4100
  106.6108.2100.0
  59.255.4100.0
  $215,000$194,900$338,100
  97.6%98.5%100.0%
  94.971.4100.0
  98.796.3100.0

   100=National Average

   Average Rent by Bedroom Size
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