Zip 50862 (Sharpsburg, IA) Cost of Living


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United States / Iowa / No Metro Area / Taylor County / Sharpsburg / Sharpsburg (zip 50862)
How much do I need to live in Sharpsburg, Iowa?
$1,770 / month
for a family, 67.2% less expensive than the national average A total of $21,240 for the year for a family.
$2,033 / month
for a single person, 57.4% less expensive than the national average A total of $24,400 for the year for a single person.

Sharpsburg cost of living score
73.1
Less expensive
26.9% lower
than the US average
8.7% lower
than the Iowa average
Sharpsburg (zip 50862), Iowa gets a BestPlaces Cost of Living score of 73.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.9% lower than the U.S. average and 8.7% higher than the average for Iowa.

Zip 50862 (Sharpsburg, IA)

Housing costs in Sharpsburg?
A typical home costs $110,700, which is 67.3% less expensive than the national average of $338,100 and 43.2% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Sharpsburg costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 16.3% cheaper than the state average of $930.

Can I afford Sharpsburg?
To live comfortably in Sharpsburg (zip 50862), Iowa, a minimum annual income of $21,240 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Sharpsburg?
The cost of living in Sharpsburg, IA (50862) is fairly low compared to the national average. The cost of housing is 19% lower than the average in the United States, and groceries are 11% lower than the national average. Utilities are also below average, as they're 6% cheaper than the U.S. norm. In addition, transportation expenses in Sharpsburg are 8% less expensive than the national average. All these factors combined make it a great place to live for those looking to save money on their day-to-day expenses.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSharpsburgIowaUnited States
    Unlock80.1100.0
  90.6  Unlock100.0
    Unlock108.2100.0
  21.6  Unlock100.0
    Unlock$194,900$338,100
  103.9  Unlock100.0
    Unlock71.4100.0
  83.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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