Housing costs in Gilbert?
A typical home costs
$257,800, which is 23.8% less expensive than the national average of
$338,100 and 32.3% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Gilbert costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 10.7% cheaper than the state average of
$930.
Can I afford Gilbert?
To live comfortably in Gilbert, Iowa, a minimum annual income of
$49,320 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Gilbert?
The cost of living in Gilbert, IA is comparatively low. According to the Missouri Economic Research and Information Center, the overall cost of living in Gilbert is about 4% lower than the national average. The median home value is about $175,000, which is a bit higher than the national median of $178,600. Renting a one-bedroom apartment in Gilbert costs an estimated $573 per month on average. Groceries are also relatively inexpensive in comparison to other places with similar population densities. All of these factors contribute to making Gilbert an affordable place to live for people looking for a small town lifestyle without breaking the bank.