Housing costs in Maloy?
A typical home costs
$203,900, which is 39.7% less expensive than the national average of
$338,100 and 4.6% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Maloy costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$930.
Can I afford Maloy?
To live comfortably in Maloy, Iowa, a minimum annual income of
$39,240 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Maloy?
The cost of living in Maloy, IA is fairly low compared to other cities. Housing in Maloy is very affordable with a median home value of around $102,500. Groceries and other necessities are also relatively inexpensive as the cost of living index for Maloy currently sits at 88.5, which is 12% lower than the national average. Transportation costs can also be kept down with gas prices hovering around 10% lower than the national average. All in all, residents of Maloy can live comfortably without breaking their budgets.