Housing costs in Montezuma?
A typical home costs
$260,800, which is 22.9% less expensive than the national average of
$338,100 and 33.8% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Montezuma 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 Montezuma?
To live comfortably in Montezuma, Iowa, a minimum annual income of
$50,040 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Montezuma?
The cost of living in Montezuma, IA is quite affordable. According to BestPlaces, the cost of living index is 91.39, which is 9% lower than the U.S. average. The median home value in Montezuma is $84,500, and rents are also low at an average of $556 per month. Groceries are also inexpensive with an index score of 90.86 compared to the U.S. average of 100. All these factors combined make Montezuma a great place to live for anyone looking for a budget-friendly lifestyle.