Housing costs in Des Moines?
A typical home costs
$177,100, which is 47.6% less expensive than the national average of
$338,100 and 9.1% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Des Moines costs
$1,010 per month, which is 8.6% more than the national average of
$930 and 5.0% cheaper than the state average of
$1,060.
Can I afford Des Moines?
To live comfortably in Des Moines (zip 50315), Iowa, a minimum annual income of
$33,840 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Des Moines?
The cost of living in 50315 Des Moines, IA is relatively low compared to other US cities. According to BestPlaces's cost of living index, the estimated overall cost of living in this area is 7% lower than the national average. Most notably, housing costs are significantly below the national average with rent for a one-bedroom apartment coming in at $620 compared to $1,400 nationally. Additionally, transportation and food expenses are also very affordable. Gasoline prices hover around $2.30 per gallon and groceries come in at approximately 11% cheaper than the US average. All these factors have made 50315 Des Moines, IA an attractive destination for those seeking a more affordable lifestyle.