Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cost of Living in Winterset

Is it better to rent or buy in Winterset? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$70,774
$1,039/mo

Median in area: $1,039

$194,459

Median in area: $194,459

$38,892

If you Rent

$1,302 /mo
Base Rent$1,039
Est. Utilities$263
% of Income22.1%
Pre-tax Residual$4,596

If you Buy

$1,648 /mo
P&I (7.006%)$1,036
Taxes & Ins$349
Est. Utilities$263
% of Income27.9%
Pre-tax Residual$4,250

Cost of Living FAQs

Is it cheaper to rent or buy in Winterset?

Based on median housing data, renting is currently more affordable on a monthly basis in Winterset. The estimated all-in monthly cost for renting is $1,302, while owning a median-priced home with a 20% down payment is roughly $1,648 per month (a difference of $346).

How much do utilities cost in Winterset?

The average monthly utility cost (electricity and natural gas) for a typical home in Winterset is approximately $263. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Winterset?

To comfortably afford the median rent and utilities in Winterset without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $52,080 per year.