Housing costs in Ellsworth?
A typical home costs
$191,200, which is 43.4% less expensive than the national average of
$338,100 and 1.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Ellsworth costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 3.3% cheaper than the state average of
$930.
Can I afford Ellsworth?
To live comfortably in Ellsworth, Iowa, a minimum annual income of
$36,720 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Ellsworth?
Living in Ellsworth, IA is relatively affordable. According to BestPlaces, the cost of living index in Ellsworth is 12.41% lower than the national average. This makes it an ideal place for those looking for a more affordable way of living without sacrificing too much in terms of quality of life. With the low cost of housing and utilities, along with the low price of consumer goods and groceries, Ellsworth offers great value for money compared to other nearby cities. Additionally, the local government provides tax incentives to businesses that operate in Ellsworth, making it an attractive option for both business owners and employees alike.