The cost of living in Marshalltown, IA, is notably lower than the nationwide average. The average cost of living index for Marshalltown stands at 89, which is 11% below the national average of 100. Housing costs, for instance, are 20% below the average, while utilities are only 5% below.
Individuals considering relocation to Marshalltown can expect savings, particularly in housing and utilities. Groceries and miscellaneous costs hover just below the national average, with transportation costs also slightly lower. This combination makes Marshalltown a more affordable option for many.
The cost of living in Marshalltown, IA, offers a favorable comparison to the nationwide average, which is set at 100. For housing, Marshalltown's index stands at 80, representing a 20% reduction from the national average. This suggests that residents can find more affordable housing options, which may be a significant factor for job seekers considering the area.
In other areas, Marshalltown's cost of living remains close to the national average. Groceries are priced at 90, only 10% below the national figure. Utilities cost 95, indicating a slight increase of 5% over the average. Transportation is similarly aligned with the national average at 85, showing an 15% reduction. Healthcare remains consistent at 100, matching the nationwide cost. Miscellaneous expenses also hover around the national average, with a rating of 92. These figures provide a balanced view of what potential residents might expect, highlighting areas where they could save money while maintaining a comparable quality of life.
