Zip 51462 (Scranton, IA) Cost of Living


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United States / Iowa / No Metro Area / Greene County / Scranton / Scranton (zip 51462)
How much do I need to live in Scranton, Iowa?
$2,070 / month
for a family, 61.7% less expensive than the national average A total of $24,840 for the year for a family.
$1,867 / month
for a single person, 60.8% less expensive than the national average A total of $22,400 for the year for a single person.

Scranton cost of living score
72.1
Less expensive
27.9% lower
than the US average
10.0% lower
than the Iowa average
Scranton (zip 51462), Iowa gets a BestPlaces Cost of Living score of 72.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.9% lower than the U.S. average and 10.0% higher than the average for Iowa.

Zip 51462 (Scranton, IA)

Housing costs in Scranton?
A typical home costs $130,100, which is 61.5% less expensive than the national average of $338,100 and 33.2% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Scranton costs $730 per month, which is 49.0% cheaper than the national average of $1,430 and 27.4% cheaper than the state average of $930.

Can I afford Scranton?
To live comfortably in Scranton (zip 51462), Iowa, a minimum annual income of $24,840 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Scranton?
The cost of living in 51462 Scranton, IA is relatively low compared to the national average. According to recent data, the median home value is $128,100 which is a 15% decrease from last year. The median rent is also very affordable at $741 per month. This makes it a great place for a budget-conscious family or individual looking for an affordable place to live. The cost of groceries and other necessities are also generally lower than the national average, making it easy to stretch your dollar further in Scranton than many other places.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesScrantonIowaUnited States
    Unlock80.1100.0
  92.4  Unlock100.0
    Unlock108.2100.0
  29.5  Unlock100.0
    Unlock$194,900$338,100
  104.2  Unlock100.0
    Unlock71.4100.0
  89.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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