Zip 50246 (Stanhope, IA) Cost of Living


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United States / Iowa / No Metro Area / Hamilton County / Stanhope / Stanhope (zip 50246)
How much do I need to live in Stanhope, Iowa?
$2,370 / month
for a family, 56.1% less expensive than the national average A total of $28,440 for the year for a family.
$2,267 / month
for a single person, 52.4% less expensive than the national average A total of $27,200 for the year for a single person.

Stanhope cost of living score
74.9
Less expensive
25.1% lower
than the US average
6.5% lower
than the Iowa average
Stanhope (zip 50246), Iowa gets a BestPlaces Cost of Living score of 74.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.1% lower than the U.S. average and 6.5% higher than the average for Iowa.

Zip 50246 (Stanhope, IA)

Housing costs in Stanhope?
A typical home costs $148,600, which is 56.0% less expensive than the national average of $338,100 and 23.8% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Stanhope costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and 3.3% cheaper than the state average of $930.

Can I afford Stanhope?
To live comfortably in Stanhope (zip 50246), Iowa, a minimum annual income of $28,440 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Stanhope?
Living in 50246 Stanhope, IA is very affordable. According to the data above, the median home cost in this area is only $90,100 which is significantly lower than the national median of $219,700. Additionally, groceries, utilities and transportation are all quite inexpensive when compared to other parts of the country. This makes living in 50246 Stanhope, IA an attractive option for those looking for a place to call home with relatively low expenses.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesStanhopeIowaUnited States
    Unlock80.1100.0
  93.9  Unlock100.0
    Unlock108.2100.0
  35.1  Unlock100.0
    Unlock$194,900$338,100
  102.6  Unlock100.0
    Unlock71.4100.0
  91.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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