Marshalltown, IA, has a lower cost of living compared to the nationwide average. The city’s overall cost of living index stands at 86, which is 14% below the national benchmark of 100. This reduction includes lower housing costs, which are 25% lower than the national average.
Professionals relocating to Marshalltown can benefit from this lower cost of living, enjoying savings on housing while still having access to essential services at competitive prices.
Marshalltown, IA has a lower cost of living compared to the nationwide average. For instance, housing costs are 25% less than the national average. This lower housing index makes it an attractive option for job seekers looking to save on living expenses. Groceries in Marshalltown are slightly lower than the nationwide average, costing about 8% less, which can also help reduce monthly expenses.
Utilities in Marshalltown are close to the national average, at 10% less, offering some savings without significant inconvenience. Transportation costs in Marshalltown are also slightly higher by 5% compared to the national average, which job seekers should consider. Healthcare costs in Marshalltown are about 15% lower, providing potential savings on medical expenses. Miscellaneous expenses, such as entertainment and personal care, are also 12% less than the national average. Overall, Marshalltown offers a cost of living that is 12% below the nationwide average, making it a financially prudent choice for many.
