Cost of Living in Colwell, IA
Population: 56 | Iowa
Colwell is 20% less expensive than the national average.
Cost of Living in Colwell, IA: What You Need to Know
With a cost of living index of 80, Colwell, IA is a very affordable place to live. Living here is 20% cheaper than the national average and 9% above the Iowa state average of 71. Colwell is a small community of 56 residents.
The median household income in Colwell is $46,250, which is 38% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $46,250
- vs US Median ($75,149)
- -38%
Housing
- Median Home Value
- $103,100
- Median Monthly Housing Cost
- $957/mo