Zip 50244 (Slater, IA) Cost of Living


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How much do I need to live in Slater, Iowa?
$3,900 / month
for a family, 27.8% less expensive than the national average A total of $46,800 for the year for a family.
$2,567 / month
for a single person, 46.2% less expensive than the national average A total of $30,800 for the year for a single person.

Slater cost of living score
87.6
Less expensive
12.4% lower
than the US average
9.4% higher
than the Iowa average
Slater (zip 50244), Iowa gets a BestPlaces Cost of Living score of 87.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.4% lower than the U.S. average and 9.4% lower than the average for Iowa.

Zip 50244 (Slater, IA)

Housing costs in Slater?
A typical home costs $244,900, which is 27.6% less expensive than the national average of $338,100 and 25.7% more expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Slater costs $880 per month, which is 5.4% cheaper than the national average of $930 and 9.1% cheaper than the state average of $960.

Can I afford Slater?
To live comfortably in Slater (zip 50244), Iowa, a minimum annual income of $46,800 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Slater?
The cost of living in 50244 Slater, IA is quite affordable. The median home cost is only $125,500, which is much lower than the national average. Utilities are also low; an average monthly electricity bill will run about $73 and water/sewer bills around $32. Groceries are on the cheaper side as well, with the typical family spending about $200 a month on groceries. Transportation costs are also lower than most places, with an average gallon of gas costing just over $2. Overall, living in 50244 Slater, IA offers great value for money and a high quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSlaterIowaUnited States
    Unlock80.1100.0
  97.5  Unlock100.0
    Unlock108.2100.0
  70.9  Unlock100.0
    Unlock$194,900$338,100
  105.4  Unlock100.0
    Unlock71.4100.0
  114.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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