Cost of living in Iola
Iola, located in Kansas, offers a unique blend of small-town charm and affordability. Understanding the cost of living in Iola is crucial for anyone considering moving to or residing in this city.
This guide provides a detailed breakdown of various expenses, including dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $9 on average, with a range between $9 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $35, with prices ranging from $35 to $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $8.5 and $10.79.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.5 to $6, imported beer $4.75 to $7, cappuccino $3 to $7, and Coke/Pepsi $1.28 to $3.5.
Grocery Prices
- Milk - Milk is priced between $0.66 and $1.06 per liter, averaging $0.66.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $5.51, with an average price of $4.09.
- Eggs (Dozen) - A dozen eggs range from $1.5 to $5, averaging $3.5.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.16 to $7.72 per kg, while oranges range from $1.74 to $6.61 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.65 and $2.76 per kg, and lettuce costs $0.89 to $2.5 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.72 and $0.95 per liter.
- Taxi Fares - Taxi fares start at $2.5, with a cost of $1.55 per km and $26 to $26.75 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $28,061 and $36,534.64, while a Toyota Corolla ranges from $23,000 to $26,736.82.
Housing Costs
- Average Monthly Rent - Data on specific rental prices is not provided, but the cost of living suggests affordability in housing.
- Home Buying Prices - Information on buying prices per square meter is not available, but the overall cost of living indicates reasonable property prices.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $100 and $500, averaging $264.68.
- Internet - Internet services range from $60 to $150, with an average cost of $71.87.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Iola offers a relatively affordable cost of living, especially in terms of dining and grocery prices.
Transportation costs are moderate, with affordable gasoline prices and reasonable taxi fares.
Utilities and internet services are priced within a typical range, contributing to the overall affordability of living in Iola.
Conclusion
In conclusion, Iola, KS, presents a cost-effective living environment with affordable dining, grocery, and transportation options.
While specific housing data is limited, the general affordability of the city suggests reasonable rental and property prices.
Prospective residents can expect a balanced cost of living, making Iola an attractive option for those seeking a small-town lifestyle with manageable expenses.