Zip 51557 (Mondamin, IA) Cost of Living


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How much do I need to live in Mondamin, Iowa?
$2,760 / month
for a family, 48.9% less expensive than the national average A total of $33,120 for the year for a family.
$2,367 / month
for a single person, 50.3% less expensive than the national average A total of $28,400 for the year for a single person.

Mondamin cost of living score
81.3
Less expensive
18.7% lower
than the US average
1.5% higher
than the Iowa average
Mondamin (zip 51557), Iowa gets a BestPlaces Cost of Living score of 81.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.7% lower than the U.S. average and 1.5% lower than the average for Iowa.

Zip 51557 (Mondamin, IA)

Housing costs in Mondamin?
A typical home costs $172,700, which is 48.9% less expensive than the national average of $338,100 and 11.4% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Mondamin costs $870 per month, which is 6.5% cheaper than the national average of $930 and 24.1% cheaper than the state average of $1,080.

Can I afford Mondamin?
To live comfortably in Mondamin (zip 51557), Iowa, a minimum annual income of $33,120 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Mondamin?
The cost of living in 51557 Mondamin, IA is quite affordable compared to most other cities in the United States. The median home value in Mondamin is $90,000, which is significantly lower than the national average and offers a great value for those looking to buy a home. Median household income is also on par with the national average, making it an attractive option for those looking to move to Iowa but don't want to pay too much for housing. Renting is also quite affordable in Mondamin at an average of around $650 per month. Other expenses like groceries and utilities are also reasonably priced making it possible for many people to live comfortably on their budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMondaminIowaUnited States
    Unlock80.1100.0
  94.9  Unlock100.0
    Unlock108.2100.0
  42.3  Unlock100.0
    Unlock$194,900$338,100
  100.4  Unlock100.0
    Unlock71.4100.0
  93.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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