Housing costs in Albia?
A typical home costs
$139,700, which is 58.7% less expensive than the national average of
$338,100 and 28.3% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Albia costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 16.3% cheaper than the state average of
$930.
Can I afford Albia?
To live comfortably in Albia, Iowa, a minimum annual income of
$26,640 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Albia?
The cost of living in Albia, IA is relatively affordable when compared to other parts of the state. The median home price in Albia is around $96,000, creating a housing market that is much more affordable than many locations across Iowa. Utility bills in the city are also quite reasonable, with residents generally paying below average prices for electricity and natural gas. Additionally, the cost of food and goods in Albia is quite low, providing substantial savings over other parts of the state. All together, these factors make living in Albia an attractive option for those looking to save money without sacrificing quality of life.