Housing costs in Jefferson?
A typical home costs
$139,400, which is 58.8% less expensive than the national average of
$338,100 and 28.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Jefferson costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 12.0% cheaper than the state average of
$930.
Can I afford Jefferson?
To live comfortably in Jefferson, Iowa, a minimum annual income of
$26,640 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Jefferson?
Living in Jefferson, IA is very affordable. The cost of living index is just 84.2, which is 16.8% lower than the national average. This means that it costs considerably less to live in Jefferson than in other cities across the United States. Property taxes are relatively low as well, with an average of just $1,252 per year for a single-family home. The median home price in Jefferson is also quite reasonable at $134,500, making it an attractive option for potential homeowners who do not wish to break their budget. In addition, prices for basic necessities such as food and transportation are generally lower than the national average, making it even more affordable to live in this city.