Housing costs in Miles?
A typical home costs
$108,000, which is 68.1% less expensive than the national average of
$338,100 and 44.6% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Miles costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 17.7% cheaper than the state average of
$930.
Can I afford Miles?
To live comfortably in Miles, Iowa, a minimum annual income of
$20,520 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Miles?
Living in Miles, IA is surprisingly affordable. The cost of living is 7% lower than the U.S. average, making it a great place to live for people on a budget. The median household income is around $50,000 and the median home value is just over $100,000. In addition to affordable housing costs, utility bills are also relatively inexpensive compared to other cities in Iowa. Overall, Miles offers an ideal combination of affordability and quality of life that make it a great choice for those looking for an affordable place to live.