Housing costs in St. Marys?
A typical home costs
$140,900, which is 58.3% less expensive than the national average of
$338,100 and 27.7% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in St. Marys costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 3.1% more than the state average of
$930.
Can I afford St. Marys?
To live comfortably in St. Marys, Iowa, a minimum annual income of
$27,000 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about St. Marys?
The cost of living in St. Marys, Iowa is quite affordable. According to the 2020 Cost of Living Index, the overall index is 6% lower than the national average. The median home cost in St. Marys is $128,900 which is much lower than the national average of $181,200 and the monthly utilities for a family of four are estimated to be $241 which is more than 10% below the national average. Additionally, food costs are generally low with an average meal at a moderately priced restaurant costing around $15. All in all, living in St. Marys offers a great value for residents seeking affordability without sacrificing quality of life.