Housing costs in Promise City?
A typical home costs
$149,700, which is 55.7% less expensive than the national average of
$338,100 and 23.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Promise City costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 3.3% cheaper than the state average of
$930.
Can I afford Promise City?
To live comfortably in Promise City, Iowa, a minimum annual income of
$28,800 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Promise City?
The cost of living in Promise City, IA is relatively low compared to other cities in the United States. The average household income is around $50,000 a year and the median home price is around $140,000. Groceries, health care costs, and utilities are all quite affordable. Gasoline prices are also lower than the national average. Overall, Promise City provides an excellent quality of life for its residents at a reasonable cost.