Housing costs in Walnut?
A typical home costs
$161,700, which is 52.2% less expensive than the national average of
$338,100 and 17.0% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Walnut costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 5.7% cheaper than the state average of
$930.
Can I afford Walnut?
To live comfortably in Walnut, Iowa, a minimum annual income of
$30,960 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Walnut?
The cost of living in Walnut, IA is quite reasonable. The median home price in Walnut is around $138,000 and the median rent is $788 per month. The overall cost of living index for the city is a modest 81.1 out of 100, making it an affordable place to live for individuals and families alike. Groceries and other necessary items can also be purchased at relatively low prices, while utilities tend to stay around the national average or below. With its small-town charm and reasonably priced housing options, Walnut is an ideal location for those looking for a lower cost of living.