Zip 50174 (Murray, IA) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Iowa / No Metro Area / Clarke County / Murray / Murray (zip 50174)

Murray cost of living score
77.5
Less expensive
22.5% lower
than the US average
3.2% lower
than the Iowa average
Murray (zip 50174), Iowa gets a BestPlaces Cost of Living score of 77.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.5% lower than the U.S. average and 3.2% higher than the average for Iowa.

Zip 50174 (Murray, IA)

Housing costs in Murray?
A typical home costs $125,200, which is 63.0% less expensive than the national average of $338,100 and 35.8% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Murray costs $1,080 per month, which is 24.5% cheaper than the national average of $1,430 and 13.9% more than the state average of $930.

Can I afford Murray?
To live comfortably in Murray (zip 50174), Iowa, a minimum annual income of $24,120 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Murray?
The cost of living in 50174 Murray, IA is quite affordable, with an overall index score of 83.3, which is lower than the United States average of 100. Housing costs are particularly reasonable, scoring a 77.5 on the index. This means that the median home price in Murray is close to 20% less than it would be elsewhere in America. Additionally, transportation costs and grocery costs are both well below the national averages. All in all, living in Murray offers a great value for those looking for a place to call home at an affordable price.
   Cost of living score
     CategoriesMurrayIowaUnited States
  77.580.1100.0
  93.494.4100
  119.1108.2100.0
  30.055.4100.0
  $125,200$194,900$338,100
  104.9%98.5%100.0%
  79.971.4100.0
  82.296.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime