Housing costs in Winthrop?
A typical home costs
$205,300, which is 39.3% less expensive than the national average of
$338,100 and 5.3% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Winthrop costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 6.9% cheaper than the state average of
$930.
Can I afford Winthrop?
To live comfortably in Winthrop, Iowa, a minimum annual income of
$39,240 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Winthrop?
Winthrop, IA has a low cost of living making it an attractive place to live for those looking to save money. The overall cost of living in Winthrop is 13% lower than the average in Iowa and 8% lower than the national average. Housing costs are significantly below both the state and national averages, with a median home value of only $76,400. Utility costs are also quite affordable, with electricity prices 11% lower than the US average and natural gas prices 5% lower than the US average. Groceries, health care, and transportation costs are all on par with the national average. All these factors make Winthrop a great place to live for those wishing to reduce their monthly expenses without having to sacrifice quality of life or convenience.