Cost of Living in Remsen, IA

With a cost of living index of 78, Remsen, IA is a very affordable place to live. Living here is 22% cheaper than the national average and 7% above the Iowa state average of 71. Remsen is a small community of 1,897 residents.

Housing costs are the biggest factor in Remsen's cost of living. The median monthly rent is $1,014 (23% below the US median of $1,319), and the median home value sits at $184,700 (39% below the national median of $304,900). At current prices, the median home costs roughly 1.9x the median household income — well within traditional affordability guidelines.

The median household income in Remsen is $98,250, which is 31% higher than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Remsen. 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.