Housing costs in Slater?
A typical home costs
$239,500, which is 29.2% less expensive than the national average of
$338,100 and 22.9% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Slater costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 8.1% cheaper than the state average of
$930.
Can I afford Slater?
To live comfortably in Slater, Iowa, a minimum annual income of
$45,720 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Slater?
The cost of living in Slater, IA is relatively affordable compared to other small towns and cities across the country. The median home price is around $120,000, which is slightly lower than the national average. Groceries tend to be a bit more expensive than other parts of Iowa due to limited competition; however, overall it is still quite reasonable. Utilities such as electricity and water are also relatively affordable with most residents paying less than $200 per month combined for all their utilities. Overall, Slater is an ideal location for those looking for a low cost of living without sacrificing quality of life.