Cost of Living in Early, IA

With a cost of living index of 57, Early, IA is one of the most affordable cities in the country. Living here is 44% cheaper than the national average and 15% below the Iowa state average of 71. Early is a small community of 757 residents.

Housing costs are the biggest factor in Early's cost of living. The median monthly rent is $588 (55% below the US median of $1,319), and the median home value sits at $83,500 (73% below the national median of $304,900). At current prices, the median home costs roughly 1.1x the median household income — well within traditional affordability guidelines.

The median household income in Early is $76,083, which is 1% higher than the national median of $75,149. Residents spend roughly 9% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.