Housing costs in Ringsted?
A typical home costs
$67,900, which is 79.9% less expensive than the national average of
$338,100 and 65.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Ringsted costs
$650 per month, which is 54.5% cheaper than the national average of
$1,430 and 43.1% cheaper than the state average of
$930.
Can I afford Ringsted?
To live comfortably in Ringsted (zip 50578), Iowa, a minimum annual income of
$12,960 for a family, and
$20,000 for a single person is recommended.
What does A.I. say about Ringsted?
The cost of living in 50578 Ringsted, IA is relatively low compared to the national average. Housing costs are quite affordable, with median home values hovering around $97,800 and monthly rent averaging just $664 per month. Other costs such as food, healthcare, and transportation are also quite reasonable. The overall cost of living index for the city is estimated at 84.2, which is 16.8 percent lower than the US average of 100. This makes Ringsted an attractive destination for people looking to move away from more expensive cities while still maintaining a comfortable standard of living.