The cost of living index in Marshalltown, IA, is notably lower than the nationwide average of 100. Specifically, the overall cost of living in Marshalltown stands at 86, reflecting a 14% reduction compared to the average. This lower index makes Marshalltown an attractive option for those seeking more affordable living expenses.
Marshalltown's housing index, at 75, shows the most significant savings, with a 25% decrease from the national average. Other categories like groceries, utilities, and transportation also show lower costs, ranging from 5% to 20% less than the national average. This comprehensive reduction in living expenses makes Marshalltown a cost-effective choice for many job seekers.
Marshalltown, IA, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 75, indicating that housing costs in Marshalltown are 25% lower than the national average. This makes it an attractive option for individuals and families looking to save on their housing expenses. Additionally, the cost of groceries in Marshalltown is 90, which is 10% lower than the national average. This suggests that residents can enjoy a more affordable grocery bill compared to the average American.
Utilities in Marshalltown are priced at 95, which is 5% lower than the nationwide average. This small difference means that residents can expect slightly lower utility bills. Transportation costs in Marshalltown are at 85, which is 15% below the national average. This makes commuting and other transportation needs more budget-friendly. Healthcare costs are slightly above average at 98, which is 2% higher than the national average. However, the miscellaneous category, at 80, is 20% lower than the national average, offering savings in various other areas. Overall, Marshalltown provides a cost of living that is generally favorable for those seeking affordability.
