Zip 50211 (Norwalk, IA) Cost of Living


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How much do I need to live in Norwalk, Iowa?
$4,950 / month
for a family, 8.3% less expensive than the national average A total of $59,400 for the year for a family.
$2,800 / month
for a single person, 41.3% less expensive than the national average A total of $33,600 for the year for a single person.

Norwalk cost of living score
89.4
Less expensive
10.6% lower
than the US average
11.6% higher
than the Iowa average
Norwalk (zip 50211), Iowa gets a BestPlaces Cost of Living score of 89.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.6% lower than the U.S. average and 11.6% lower than the average for Iowa.

Zip 50211 (Norwalk, IA)

Housing costs in Norwalk?
A typical home costs $310,100, which is 8.3% less expensive than the national average of $338,100 and 59.1% more expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Norwalk costs $1,020 per month, which is 9.7% more than the national average of $930 and 3.9% cheaper than the state average of $1,060.

Can I afford Norwalk?
To live comfortably in Norwalk (zip 50211), Iowa, a minimum annual income of $59,400 for a family, and $33,600 for a single person is recommended.

What does A.I. say about Norwalk?
The cost of living in 50211 Norwalk, IA is relatively low compared to other cities and towns across the country. It has a median home value of $253,500, which is significantly lower than the national median of $231,200. Renting a two-bedroom apartment averages around $1,000 per month in this area, and utilities are also quite affordable. Groceries are also reasonably priced - a gallon of milk will cost around $2.45. Despite the low cost of living, the area boasts great amenities such as golf courses and parks for recreation and entertainment.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNorwalkIowaUnited States
    Unlock80.1100.0
  98.5  Unlock100.0
    Unlock108.2100.0
  89.6  Unlock100.0
    Unlock$194,900$338,100
  89.3  Unlock100.0
    Unlock71.4100.0
  117.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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