Housing costs in Denmark?
A typical home costs
$185,300, which is 45.2% less expensive than the national average of
$338,100 and 4.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Denmark 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 Denmark?
To live comfortably in Denmark, Iowa, a minimum annual income of
$35,640 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Denmark?
The cost of living in Denmark, IA is generally quite affordable. The median home price is just over $100,000, and the average cost of renting a one-bedroom apartment is around $600 per month. Groceries and dining out remain relatively inexpensive compared to other parts of Iowa and the country as a whole. Additionally, the city's low crime rate makes it a desirable place to live for those looking for an affordable yet safe area for their families.