Zip 51559 (Neola, IA) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Neola, Iowa?
$3,600 / month
for a family, 33.3% less expensive than the national average A total of $43,200 for the year for a family.
$2,533 / month
for a single person, 46.9% less expensive than the national average A total of $30,400 for the year for a single person.

Neola cost of living score
82.8
Less expensive
17.2% lower
than the US average
3.4% higher
than the Iowa average
Neola (zip 51559), 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 51559 (Neola, IA)

Housing costs in Neola?
A typical home costs $225,200, which is 33.4% less expensive than the national average of $338,100 and 15.5% more expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Neola costs $930 per month, which is 0.0% cheaper than the national average of $930 and 16.1% cheaper than the state average of $1,080.

Can I afford Neola?
To live comfortably in Neola (zip 51559), Iowa, a minimum annual income of $43,200 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Neola?
51559 Neola, IA is a great place to live due to its affordable cost of living. The housing prices are extremely low compared to the national median, with an estimated median home value of $86,500 and an average rent of just $717 per month. Additionally, the cost of living index in 51559 Neola, IA is estimated at 87.4, which is much lower than the national average (100). Other necessities such as groceries, utilities and transportation are also very affordable. All-in-all, making 51559 Neola, IA an ideal place to live for those looking for a comfortable lifestyle without breaking their budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNeolaIowaUnited States
    Unlock80.1100.0
  96.6  Unlock100.0
    Unlock108.2100.0
  67.4  Unlock100.0
    Unlock$194,900$338,100
  99.2  Unlock100.0
    Unlock71.4100.0
  98.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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