Housing costs in Fort Madison?
A typical home costs
$104,300, which is 69.2% less expensive than the national average of
$338,100 and 46.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Fort Madison costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 9.4% cheaper than the state average of
$930.
Can I afford Fort Madison?
To live comfortably in Fort Madison, Iowa, a minimum annual income of
$20,160 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Fort Madison?
Fort Madison, IA is an affordable place to live. According to BestPlaces's Cost of Living Index, the city has an index score of 67.2, which is lower than the United States' index score at 100. This means that basic goods and services such as groceries, restaurants, transportation and utilities are all relatively inexpensive in Fort Madison compared to other places in the country. Housing costs generally remain low too, with average rent for a one-bedroom apartment estimated at around $500 per month. All in all, living in Fort Madison can be a great value for money if you're looking for an affordable place to call home.