Housing costs in New Hampton?
A typical home costs
$144,500, which is 57.3% less expensive than the national average of
$338,100 and 25.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in New Hampton costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 19.2% cheaper than the state average of
$930.
Can I afford New Hampton?
To live comfortably in New Hampton, Iowa, a minimum annual income of
$27,720 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about New Hampton?
The cost of living in New Hampton, IA is moderately affordable. While the cost of goods and services is slightly higher than the national average, housing costs are significantly lower. On average, a one-bedroom apartment rents for around $500 per month while a three-bedroom house generally runs around $800 per month. Utilities are also relatively inexpensive with an average monthly bill of less than $100. Overall, New Hampton offers residents a great quality of life at an affordable cost.