Housing costs in Fraser?
A typical home costs
$138,300, which is 59.1% less expensive than the national average of
$338,100 and 29.0% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Fraser costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 8.1% cheaper than the state average of
$930.
Can I afford Fraser?
To live comfortably in Fraser, Iowa, a minimum annual income of
$26,640 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Fraser?
The cost of living in Fraser, IA is relatively low compared to other parts of the Midwest. The median home value is just over $150,000 and the median household income is around $48,000. Renting an apartment or home will likely be much cheaper than it would be in other areas of the country. As far as transportation costs go, gas prices remain low and there are a variety of public transportation options for those who don’t own a car. Overall, Fraser provides an affordable option for those looking to call the Midwest home without breaking their budget.