Zip 52583 (Promise City, IA) Cost of Living


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United States / Iowa / No Metro Area / Wayne County / Promise City / Promise City (zip 52583)

Promise City cost of living score
72.3
Less expensive
27.7% lower
than the US average
9.7% lower
than the Iowa average
Promise City (zip 52583), Iowa gets a BestPlaces Cost of Living score of 72.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.7% lower than the U.S. average and 9.7% higher than the average for Iowa.

Zip 52583 (Promise City, IA)

Housing costs in Promise City?
A typical home costs $157,300, which is 53.5% less expensive than the national average of $338,100 and 19.3% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Promise City costs $920 per month, which is 35.7% cheaper than the national average of $1,430 and close to the state average of $930.

Can I afford Promise City?
To live comfortably in Promise City (zip 52583), Iowa, a minimum annual income of $30,240 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Promise City?
The cost of living in 52583 Promise City, IA is quite reasonable. The overall cost of living index for the city is just over 84, which is slightly lower than the national average. The median rent for a two-bedroom apartment is $762, making it an affordable place to live. Utilities are also relatively inexpensive, costing around $130 per month on average. Food costs are also below average for the area; groceries average around $40 per week. Overall, 52583 Promise City offers a high quality of life with a low cost of living.
   Cost of living score
     CategoriesPromise CityIowaUnited States
  72.380.1100.0
  91.794.4100
  117.1108.2100.0
  36.455.4100.0
  $157,300$194,900$338,100
  99.8%98.5%100.0%
  75.571.4100.0
  82.096.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime