Cost of Living in Postville, IA

With a cost of living index of 66, Postville, IA is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 5% below the Iowa state average of 71. Postville is a small community of 2,787 residents.

Housing costs are the biggest factor in Postville's cost of living. The median monthly rent is $872 (34% below the US median of $1,319), and the median home value sits at $100,300 (67% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Postville is $47,281, which is 37% lower than the national median of $75,149. Residents spend roughly 22% 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 Postville. The area sees an average annual temperature of 48.1°F, with summers averaging 71°F and winters around 23°F. Annual rainfall totals 33.9 inches spread over roughly 133 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.