Housing costs in Burr Oak?
A typical home costs
$118,400, which is 65.0% less expensive than the national average of
$338,100 and 39.3% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Burr Oak costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 14.8% cheaper than the state average of
$930.
Can I afford Burr Oak?
To live comfortably in Burr Oak, Iowa, a minimum annual income of
$22,680 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Burr Oak?
Burr Oak, IA is a great place to live with an affordable cost of living. The median home value is well under the national average, and there are plenty of options for renters as well. Utilities tend to be cheaper than the national average, and overall, the cost of living in Burr Oak is one of its best features. Groceries, gas, general services, and housing all remain within a reasonable budget for most residents. With its low cost of living and high quality of life, it's no wonder Burr Oak continues to draw in newcomers looking for a great place to call home.