Housing costs in Delaware?
A typical home costs
$130,700, which is 61.3% less expensive than the national average of
$338,100 and 32.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Delaware costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 13.4% cheaper than the state average of
$930.
Can I afford Delaware?
To live comfortably in Delaware, Iowa, a minimum annual income of
$25,200 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Delaware?
Living in Delaware, IA is relatively affordable. The cost of living index in Delaware is just 85.2, which is 15.8 percent lower than the United States average. Housing costs in the city are also quite low—the median price for a home is only $104,900, making it one of the most inexpensive places to live in Iowa. In addition, other living expenses such as groceries and transportation also tend to be cheaper than the national average. All of this combined makes Delaware an attractive option for those looking for a budget-friendly place to live and work.