Cost of Living in Marshalltown, IA
Housing
The housing market plays a significant role in determining the cost of living in Marshalltown, IA.
- Housing Index: 85.0 / 100
- Median Home Price is: $157000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Considering a move to Marshalltown, IA? With a housing index of 85.0, it's essential to weigh your options. The median home price stands at 157000, making it relatively affordable compared to nationwide averages. Renters can expect to pay about 1200 for a 2BR apartment or 1360 for a 2BR house. This combination of affordable home buying and reasonable rental options means Marshalltown could be an attractive choice for both buyers and renters. However, be sure to consider local job opportunities and amenities to ensure a fulfilling lifestyle.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Marshalltown, IA.
- Electricity Price: 14.82 USD (median by state)
- Natural Gas Price: $15.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Marshalltown, IA could entail higher utility costs. Electricity costs sit at 14.82, while natural gas is priced at 15.61 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Marshalltown is a financially viable option for your relocation.