Housing costs in Mason City?
A typical home costs
$137,100, which is 59.4% less expensive than the national average of
$338,100 and 29.7% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Mason City costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 10.7% cheaper than the state average of
$930.
Can I afford Mason City?
To live comfortably in Mason City, Iowa, a minimum annual income of
$26,280 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Mason City?
Mason City, IA is an affordable place to live. The cost of living is lower than the national average, making it a great option for those on a budget. Rent and groceries are both much less expensive here than in other parts of the country. The median home price in Mason City is around $100,000, with many neighborhoods offering homes for even less. Utility bills are low as well due to the city's efficient use of natural gas and electric power. In addition, there are no state income taxes in Iowa, helping to reduce overall expenses for residents.