Housing costs in Boone?
A typical home costs
$154,400, which is 54.3% less expensive than the national average of
$338,100 and 20.8% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Boone costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 6.9% cheaper than the state average of
$930.
Can I afford Boone?
To live comfortably in Boone, Iowa, a minimum annual income of
$29,520 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Boone?
Boone, IA is a great place to live for anyone looking for an affordable cost of living. The town offers residents a quality lifestyle with all the amenities of a larger city at a fraction of the cost. The median home price is around $120,000 and rental prices are very reasonable as well. With low taxes and no state income tax, Boone provides its residents with plenty of economic benefits. Additionally, groceries, utilities, health care costs, and transportation are all relatively low compared to other cities in the area. All in all, Boone is an excellent option for those looking for an affordable place to call home.