Housing costs in Malcom?
A typical home costs
$195,300, which is 42.2% less expensive than the national average of
$338,100 and 0.2% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Malcom costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 13.4% cheaper than the state average of
$930.
Can I afford Malcom?
To live comfortably in Malcom, Iowa, a minimum annual income of
$37,440 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Malcom?
The cost of living in Malcom, IA is quite affordable. The cost of groceries and other daily necessities is low when compared to other cities throughout the state. The housing market in Malcom is also quite reasonable, with many homes available for sale or rent at prices below the national average. Additionally, utility costs are relatively low, making it possible for people to enjoy an affordable lifestyle while still having access to all of the modern amenities they need. All in all, Malcom is a great place for people who want to live a comfortable life without breaking the bank.