Housing costs in Northwood?
A typical home costs
$148,900, which is 56.0% less expensive than the national average of
$338,100 and 23.6% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Northwood costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 14.8% cheaper than the state average of
$930.
Can I afford Northwood?
To live comfortably in Northwood, Iowa, a minimum annual income of
$28,440 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Northwood?
The cost of living in Northwood, IA is relatively low compared to many other areas in the United States. The average cost of housing in the area is far lower than the national average, and many basic necessities such as groceries, fuel, and utilities are also more affordable than most other places. The overall cost of living in Northwood is around 10% lower than the nation's average, making it a great place to live for those looking for an affordable lifestyle.