Housing costs in Ottumwa?
A typical home costs
$97,700, which is 71.1% less expensive than the national average of
$338,100 and 49.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Ottumwa costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 17.7% cheaper than the state average of
$930.
Can I afford Ottumwa?
To live comfortably in Ottumwa, Iowa, a minimum annual income of
$18,720 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Ottumwa?
The cost of living in Ottumwa, IA is relatively low compared to other parts of the country. The median home price is just under $90,000 and the median rent cost is around $730 per month. Grocery costs are also quite affordable at 4% lower than the national average. In addition, the overall cost of living index for Ottumwa is 86.7 (the national average being 100) making it a very attractive place to live given its affordability.