Housing costs in Alvord?
A typical home costs
$196,200, which is 42.0% less expensive than the national average of
$338,100 and 0.7% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Alvord 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 Alvord?
To live comfortably in Alvord, Iowa, a minimum annual income of
$37,440 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Alvord?
The cost of living in Alvord, IA is quite affordable. The median home value of $90,400 is well below the national average and the median household income of $48,915 is also lower than the national average. In addition to this, utilities are generally low compared to other parts of the country, with an average electric bill of only $91.36 per month. The cost of food and groceries is also fairly low compared to other parts of the state and country as a whole. Overall, living in Alvord is a great way to save money while still enjoying all that small-town Iowa has to offer.