Cost of Living in Holstein, IA

With a cost of living index of 67, Holstein, IA is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 4% below the Iowa state average of 71. Holstein is a small community of 1,552 residents.

Housing costs are the biggest factor in Holstein's cost of living. The median monthly rent is $844 (36% below the US median of $1,319), and the median home value sits at $113,200 (63% below the national median of $304,900). At current prices, the median home costs roughly 1.8x the median household income — well within traditional affordability guidelines.

The median household income in Holstein is $61,625, which is 18% lower than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Holstein. The area sees an average annual temperature of 48.4°F, with summers averaging 72°F and winters around 23°F. Annual rainfall totals 29.3 inches spread over roughly 102 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

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.