Zip 50171 (Montezuma, IA) Cost of Living


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United States / Iowa / No Metro Area / Poweshiek County / Montezuma / Montezuma (zip 50171)
How much do I need to live in Montezuma, Iowa?
$4,170 / month
for a family, 22.8% less expensive than the national average A total of $50,040 for the year for a family.
$2,033 / month
for a single person, 57.4% less expensive than the national average A total of $24,400 for the year for a single person.

Montezuma cost of living score
79.7
Less expensive
20.3% lower
than the US average
0.5% lower
than the Iowa average
Montezuma (zip 50171), Iowa gets a BestPlaces Cost of Living score of 79.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.3% lower than the U.S. average and 0.5% higher than the average for Iowa.

Zip 50171 (Montezuma, IA)

Housing costs in Montezuma?
A typical home costs $261,700, which is 22.6% less expensive than the national average of $338,100 and 34.3% more expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Montezuma costs $710 per month, which is 50.3% cheaper than the national average of $1,430 and 31.0% cheaper than the state average of $930.

Can I afford Montezuma?
To live comfortably in Montezuma (zip 50171), Iowa, a minimum annual income of $50,040 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Montezuma?
Living in 50171 Montezuma, IA can be an affordable option with an estimated cost of living index of 85.6, which is 15.4% lower than the national average. Housing costs in Montezuma are particularly attractive compared to the rest of the country, as they are approximately 36.9% lower on average than the national average. In addition, food and grocery prices tend to stay below the national average by about 8%, providing savings for those who choose to live here. Transportation costs also tend to remain below the national average, making it easy for residents to get around town without breaking the bank. All together, these factors make Montezuma an attractive option for people looking for a way to save money while still enjoying a high quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMontezumaIowaUnited States
    Unlock80.1100.0
  96.0  Unlock100.0
    Unlock108.2100.0
  65.8  Unlock100.0
    Unlock$194,900$338,100
  98.7  Unlock100.0
    Unlock71.4100.0
  104.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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