Housing costs in Murray?
A typical home costs
$118,400, which is 65.0% less expensive than the national average of
$338,100 and 39.3% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Murray costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 15.5% more than the state average of
$930.
Can I afford Murray?
To live comfortably in Murray, Iowa, a minimum annual income of
$22,680 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Murray?
The cost of living in Murray, IA is quite affordable compared to other parts of the country. The median home value in Murray is approximately $92,100, which is well below the national average. Additionally, the median rent for a one-bedroom apartment is just over $600 per month, and groceries are typically cheaper than in larger cities. In terms of transportation costs, gas prices tend to be lower than elsewhere due to its distance from major metropolitan areas. All of these factors make Murray an ideal place for those looking for an affordable lifestyle that does not sacrifice on quality-of-life amenities or convenience.