Housing costs in Sun Valley Lake?
A typical home costs
$391,100, which is 15.7% more expensive than the national average of
$338,100 and 100.7% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Sun Valley Lake costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 9.4% cheaper than the state average of
$930.
Can I afford Sun Valley Lake?
To live comfortably in Sun Valley Lake, Iowa, a minimum annual income of
$74,880 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Sun Valley Lake?
Sun Valley Lake, IA is known for its low cost of living and affordable housing. The median home price in the city is around $125,000 which makes it a great place to purchase a house without breaking the bank. Renting a house or apartment is also fairly inexpensive, with the average monthly rent for a two bedroom unit costing just over $800. Groceries are generally inexpensive in Sun Valley Lake, as well as other necessities like gas and utilities. Overall, residents of Sun Valley Lake can enjoy an easy lifestyle on a budget due to the city's low cost of living.