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FAQs
2023 Suburbs of Des Moines Area with the Lowest Cost of Living? ›
Carlisle. #1 Suburbs with the Lowest Cost of Living in Des Moines Area.
What is the least expensive town to live in in Iowa? ›- Keokuk. Home Price to Income Ratio: 2.05. ...
- Fort Madison. Home Price to Income Ratio: 1.91. ...
- Waterloo. Home Price to Income Ratio: 2.48. ...
- Burlington. Home Price to Income Ratio: 1.96. ...
- Oskaloosa. Home Price to Income Ratio: 2.03. ...
- Sioux City. Home Price to Income Ratio: 2.10. ...
- Newton. Home Price to Income Ratio: 2.36. ...
- Fort Dodge.
Des Moines has consistently been a cheaper place to live, with housing prices that remain below the national median. However, its value score has been declining since 2018. The net migration score has declined in recent years but saw a rebound in 2023.
What is the cheapest county to live in in Iowa? ›Ida County
#1 Counties with the Lowest Cost of Living in Iowa.
- Arbor Peaks. Helpful Statistics. Median age: 35.7. Median household income: $34,526. ...
- Beaverdale. Helpful Statistics. Median age: 39. ...
- Downtown. Helpful Statistics. Median age: 36.3. ...
- East Village. Helpful Statistics. Median age: 28.8. ...
- Sherman Hill.
Amritsar, the city of the famous Golden Temple is ranking on the top among the top 10 cheapest places to live in India for the year 2023. It is one of the most affordable places to live in India. The average cost of living in Amritsar is the least expensive in comparison to the other cities of India.
Where do the most seniors live in Iowa? ›There is a large concentration of senior living options around the major cities, like Des Moines, Cedar Rapids and Davenport, but there are options spread out all over the state.
What is the cheapest suburb of Des Moines? ›Carlisle. #1 Suburbs with the Lowest Cost of Living in Des Moines Area.
What are the safest areas to live in Des Moines? ›Saylorville is known as one of the safest neighborhoods in Iowa due to its incredibly low crime rate. The neighborhood is located on a beautiful lakefront and is the perfect home for water-lovers. Also known as Rock Island District, Saylorville has a crime rate that is 80 percent lower than the national average.
How much do you need to make to live comfortably in Des Moines? ›1 ADULT | 2 ADULTS (BOTH WORKING) | |
---|---|---|
0 Children | 1 Child | |
Living Wage | $15.60 | $18.18 |
Poverty Wage | $6.53 | $5.54 |
Minimum Wage | $7.25 | $7.25 |
What is the 3 cheapest state to live in? ›
The cheapest states to live in are Mississippi, Oklahoma, Kansas, Alabama, Georgia, Missouri, Iowa, Indiana, West Virginia, and Tennessee. Mississippi is the cheapest state to live in in the US, with a cost of living index of 85. The second cheapest state to live in is Oklahoma, with a cost of living index of 85.8.
What is the 1 cheapest state to live in? ›1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.
Is it cheaper to live in Iowa or Missouri? ›Iowa is 5.3% cheaper than Missouri.
Is Des Moines expensive to live? ›The cost of living in Des Moines, IA is 5% lower than the state average and 14% lower than the national average. Des Moines, IA housing is 32% cheaper than the U.S average, while utilities are about 15% less pricey.
What are Des Moines biggest suburbs? ›Ankeny is now Des Moines' biggest suburb, the latest U.S. Census Bureau data shows. Long one of the country's fastest-growing cities, Ankeny added another 2,400 residents from April 2020 to July 2021, according to the census' vintage data series estimates, released Thursday.
What is the most expensive area in Des Moines? ›$4 million Urbandale home was the most expensive in 2022
In 2022, according to Wanamaker's figures, three Des Moines-area homes sold for more than $2 million, and 13 went for more than $1.5 million. The highest price paid was $4 million for a home in Urbandale.
Rank | City | Median Home Price |
---|---|---|
1 | Green Bay, WI | $245,000 |
2 | Wichita, KS | $210,000 |
3 | Rapid City, SD | $300,000 |
4 | Springfield, IL | $139,000 |
Albuquerque, New Mexico, ranks as the most affordable city in the country for single renters. Studio apartments in Albuquerque go for a median price of $700, and the average single person would only need to spend 15.33% of their income to afford one.
Where can I live comfortably on $40 000 a year? ›- West Virginia. Minimum annual income: $38,320. ...
- Ohio. Minimum annual income: $38,400. ...
- Michigan. Minimum annual income: $40,800. ...
- Arkansas. Minimum annual income: $41,040. ...
- Missouri. Minimum annual income: $42,200.
Rank | Net Gain | Net Loss |
---|---|---|
1 | Florida 78,174 | California -71,828 |
2 | Arizona 25,090 | New York -46,709 |
3 | South Carolina 19,004 | Illinois -26,287 |
4 | North Carolina 18,996 | New Jersey -13,545 |
What is the most affordable state to live for seniors? ›
Rather, Alabama is the most affordable state to retire in, according to WalletHub's “2023 Best States to Retire.” The analysis compared all 50 states across three key categories: health care, quality of life and affordability.
Where is the most affordable place to live for seniors? ›- Tulsa, Oklahoma. ...
- Myrtle Beach, South Carolina. ...
- Sioux Falls, South Dakota. ...
- Chattanooga, Tennessee. ...
- Sherman, Texas. Cost of living for retirees: 13.0% below U.S. average. ...
- St. George, Utah. ...
- Roanoke, Virginia. Cost of living for retirees: 8.7% below U.S. average. ...
- Spokane, Washington.
Polk County also includes communities such as Alleman, Altoona, Ankeny, Bondurant, Clive, Des Moines, Elkhart, Grimes, Johnston, Mitchellville, Pleasant Hill, Polk City, Runnells, Sheldahl, Urbandale, West Des Moines and Windsor Heights.
What is the cheapest place to live in the Midwest? ›Kalamazoo, Michigan is the cheapest city in the Midwest with a cost-of-living index of 77.5, according to the Council for Community and Economic Research.
What is the cheapest Midwest state to buy a house? ›There are still states where you can find affordable housing
The cheapest state nationwide was Illinois, where the monthly median sale price of a house last year was $133,750. The median sale price in Illinois's cheapest city, Galesburg, was $90,000, while its most expensive, Chicago, sat at $282,750.
Council Bluffs:
Council Bluffs, with a population of 62,144, is the most dangerous city in Iowa. Despite its historical significance and cultural richness, the city has seen a surge in both violent and property crimes.
Pros of Living in Des Moines, IA | Cons of Living in Des Moines, IA |
---|---|
1. Cost of Living | 1. Taxes |
2. Friendliness | 2. Diversity |
3. Wind Energy | 3. Education |
4. Things to Do | 4. Crime |
Roughly similar to the national average, our analysis shows that your chance of becoming a victim of violent crime in Ankeny is one in 725. Moreover, the rate of property crime in Ankeny; burglary, larceny ($50 or more), grand theft auto, and arson; is 10 per 1,000 residents.
What's considered low income in Iowa? ›Size of Household | Annual Gross Income* ** |
---|---|
1 | $27,180 |
2 | $36,620 |
3 | $46,060 |
4 | $55,500 |
Most of these supports base eligibility and benefit levels on a ratio of income to the federal poverty level (FPL). The FPL for a family of three in 2021 was $21,960. [2] A self-sufficiency wage in Iowa is about 200 percent to 250 percent of, or twice to 2½ times, the official federal poverty guideline (Figure 8).
What is considered middle class income in Iowa? ›
State | Single | Family of four |
---|---|---|
Iowa | $23,536 – $70,609 | $47,072 – $141,217 |
Kansas | $23,615 – $70,844 | $47,229 – $141,687 |
Kentucky | $22,910 – $68,730 | $45,820 – $137,460 |
Louisiana | $23,588 – $70,765 | $47,177 – $141,530 |
Hawaii is the most expensive state to live in, with a cost of living index of 184. Massachusetts is ranked second, with a cost of living index of 149.7, followed by California at 137.6, and New York at 134.5.
What state is the safest and cheapest to live in? ›- Live in Boise, Idaho.
- Affordable living in Des Moines, Iowa.
- Winston Salem, North Carolina: among the cheapest cities in USA.
- Live affordably in Naples, Florida.
- Enjoy Lexington, Kentucky.
Mississippi is the state with the lowest cost of living in the US, with a cost of living index of 85. This means that the cost of living in Mississippi is 15% lower than the national average. The state has a low cost of housing, groceries, and utilities.
What state is the second cheapest to live in? ›West Virginia has the second cheapest housing among all the states in the US. The average house price in the Mountain State is 31.2% lower than the national average. The lower housing prices are due to the state's rural nature, which means that there are fewer large cities and lower demand for housing.
What state in the US has the cheapest rent? ›1. Mississippi. Mississippi is the cheapest place to live in the United States, with a cost of living 15.6% lower than the national average. Once you arrive in Mississippi, get ready for some fantastic music and food!
What are the cheap blue states to live in? ›Regarding affordability, the report indicates that Connecticut, Massachusetts, and New Jersey are the most affordable states with Arizona, Nevada, and Florida being the least affordable. The researchers came to this conclusion by using features such as credit score, mortgage debt, paid family leave, and median income.
Is it cheaper to live in Iowa or Tennessee? ›The cost of living in Nashville, TN is 1.7% higher than in Des Moines, IA. You would have to earn a salary of $61,007 to maintain your current standard of living. Employers in Nashville, TN typically pay -3.5% less than employers in Des Moines, IA.
What is the most expensive city to live in Iowa? ›Iowa City Press-Citizen: Where is the most expensive place to live in Iowa? According to a recent ranking by financial news and opinion company 24/7 Wall St., the answer is Iowa City.
Is it cheaper to live in Ohio or Iowa? ›The cost of living in Des Moines, IA is 5.5% higher than in Columbus, OH. You would have to earn a salary of $63,322 to maintain your current standard of living.
Why do people move to Des Moines? ›
The key industries in the Des Moines area include advanced manufacturing, data centers, insurance and financial services. Des Moines is also a top-ranked city for people who work in tech, and it's a great city for teachers.
What percent of Des Moines is white? ›Population | |
---|---|
White alone, percent | 71.7% |
Black or African American alone, percent(a) | 11.2% |
American Indian and Alaska Native alone, percent(a) | 0.3% |
Asian alone, percent(a) | 7.2% |
Indeed, the most expensive in the state is the Iowa City metro area. What is this? Here, the cost of goods and services is 6.3% lower than the national average and 4.5% higher than the statewide average.
What is the richest suburb in Iowa? ›Rank | City | County |
---|---|---|
1 | Milo | Delaware County |
2 | Newport | Johnson County |
3 | East Lucas | Johnson County |
4 | Lee | Madison County |
Thanks to all those amenities, plus high salaries and a low cost of living, Des Moines is one of the best places to live in the U.S. The friendly communities and short commutes are a plus, too.
Is Des Moines the fastest growing city? ›Des Moines is again topping the chart as the fastest-growing major Midwest metro. According to newly released US Census estimates, the Des Moines metro grew 1.2% from 2021 to 2022. That exceeded the rate for other hot spots in the region that also are among the nation's top 100 most-populous metros.
Is West Des Moines wealthy? ›This equates to an annual income of $197,144 for a family of four. However, West Des Moines contains both very wealthy and poor people as well.
What is the richest neighborhood in Iowa City? ›- University of Iowa.
- Manville Heights / Normandy.
- Walnut Ridge / Southwest Estates.
- University Heights.
- Miller Orchard.
- Northside and Goosetown / City Center.
- Peninsula Area.
- Morningside-Glendale.
The cost of living in West Des Moines is 87.2% of the national average.
Where is the place with the lowest cost of living? ›- Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. ...
- Kansas. ...
- Alabama. ...
- Oklahoma. ...
- Georgia. ...
- Tennessee. ...
- Missouri. ...
- Iowa.
Is Iowa a cheap state to live in? ›
The cost of living in Iowa is 9% lower than the national average. Housing is 28% lower than the national average, while utilities are 6% lower. When it comes to basic necessities such as food and clothing, groceries are around 4% lower than in the rest of the country, while clothing costs 4% lower.
Is Iowa a good place for retirees? ›Low cost of living – Iowa is easy on your monthly budget. The state boasts a cost of living that's nearly 11 percent below the national average. It has the second-lowest unemployment rate, and the median home cost is around $115,000. Safe space – You can rest easy in Iowa.
Does Iowa have cheap housing? ›Across Iowa, there is a shortage of rental homes affordable and available to extremely low income households (ELI), whose incomes are at or below the poverty guideline or 30% of their area median income (AMI).
What is the cheapest state to retire in 2023? ›Rather, Alabama is the most affordable state to retire in, according to WalletHub's “2023 Best States to Retire.” The analysis compared all 50 states across three key categories: health care, quality of life and affordability.
Where is the cheapest warm place to retire? ›- Tarboro, North Carolina. ...
- Melbourne, Florida. ...
- Lakeland, Florida. ...
- Mountain Home, Arkansas. ...
- Mount Airy, North Carolina. ...
- Kingsport, Tennessee. ...
- Roanoke, Virginia. ...
- College Station, Texas.
Most of these supports base eligibility and benefit levels on a ratio of income to the federal poverty level (FPL). The FPL for a family of three in 2021 was $21,960. [2] A self-sufficiency wage in Iowa is about 200 percent to 250 percent of, or twice to 2½ times, the official federal poverty guideline (Figure 8).
What is the best state to live over 50? ›Rank | State | Overall weighted score |
---|---|---|
1 | Vermont | 100.0 |
2 | Maine | 99.3 |
3 | New Hampshire | 89.1 |
4 | Kentucky | 79.1 |
1 state to retire for high quality of life: Massachusetts. Massachusetts is the best state for retirees based on the quality of life. While the state ranked in the bottom half of the list for affordability, it scored top marks for health care, coming in at second place.
Do seniors pay state income tax in Iowa? ›Iowa is tax-friendly. Social Security benefits are exempt from the Iowa state income tax. For tax year 2022 (which you file in 2023), other forms of retirement income are taxed, but seniors are eligible for a deduction of up to $6,000 on that income, or $12,000 if they file jointly.
What is low income in Iowa? ›Size of Household | Annual Gross Income* ** |
---|---|
1 | $27,180 |
2 | $36,620 |
3 | $46,060 |
4 | $55,500 |
What city is the least affordable to buy a home? ›
- Santa Monica, California.
- Glendale, California.
- Burbank, California.
- Los Angeles, California.
- Boulder, Colorado.
- Pasadena, California.
- New York, New York.
- San Francisco, California.
1. West Virginia. With a Zillow Home Value Index of $146,578, West Virginia is the most affordable state to buy a house in the US. Despite its low home prices, the state boasts natural beauty and outdoor recreation opportunities, making it an attractive option for homebuyers on a budget.