Housing costs in Otho?
A typical home costs
$105,000, which is 68.9% less expensive than the national average of
$338,100 and 46.1% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Otho costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 16.3% cheaper than the state average of
$930.
Can I afford Otho?
To live comfortably in Otho, Iowa, a minimum annual income of
$20,160 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Otho?
Otho, IA is a small rural town in Iowa with a population of just over 500 people. The cost of living in Otho is low compared to other parts of the country. The average home price is $90,000 which is significantly lower than the national median home cost. Utilities are also relatively low, averaging around $100 per month. Groceries are also inexpensive with an average weekly grocery bill costing about $50 for a family of four. Overall, the cost of living in Otho, IA is quite affordable and offers a comfortable lifestyle for those living there.