Housing costs in Colo?
A typical home costs
$189,300, which is 44.0% less expensive than the national average of
$338,100 and 2.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Colo costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 6.1% more than the state average of
$930.
Can I afford Colo?
To live comfortably in Colo, Iowa, a minimum annual income of
$36,360 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Colo?
The cost of living in Colo, IA is quite reasonable. It's about 9% below the national average, and housing costs are especially low. The median home value in the area is well below the national average, making it an attractive place to live for those looking for a more affordable option. There is also access to many quality amenities and services, including schools, shopping centers, parks, and libraries. Overall, Colo presents an excellent opportunity for those looking to experience a quieter way of life without sacrificing modern convenience.