Housing costs in Montrose?
A typical home costs
$146,400, which is 56.7% less expensive than the national average of
$338,100 and 24.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Montrose costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 9.4% cheaper than the state average of
$930.
Can I afford Montrose?
To live comfortably in Montrose, Iowa, a minimum annual income of
$28,080 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Montrose?
The cost of living in Montrose, IA is quite reasonable. Food, housing, and general goods are all relatively affordable compared to other places in the US. Property taxes are also lower than most areas, making it an attractive option for those looking to escape sky-high costs of living. Additionally, the city has a low unemployment rate which means more job opportunities and better pay for those who live there. Overall, Montrose is an affordable place to live with plenty of available amenities and activities.