Housing costs in Rathbun?
A typical home costs
$66,900, which is 80.2% less expensive than the national average of
$338,100 and 65.7% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Rathbun costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 32.9% cheaper than the state average of
$930.
Can I afford Rathbun?
To live comfortably in Rathbun, Iowa, a minimum annual income of
$12,960 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Rathbun?
The cost of living in Rathbun, IA is very reasonable. The median home value is just over $96,000 and the median household income is approximately $50,000. The overall cost of living index for the town is 85.5, which is lower than the national average of 100. Property taxes are also quite low compared to other areas, averaging around 1% on taxable property value. Additionally, there are no sales taxes in Rathbun. This makes it a great place to look for affordable housing options and a pleasant way of life for those looking to escape the hustle and bustle of larger cities.