Housing costs in Iola?
A typical home costs
$428,700, which is 26.8% more expensive than the national average of
$338,100 and 44.1% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Iola costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 47.1% cheaper than the state average of
$1,280.
Can I afford Iola?
To live comfortably in Iola, Texas, a minimum annual income of
$82,080 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Iola?
The cost of living in Iola, TX is quite affordable. Housing prices are very reasonable, with the median home price below the national average. Those renting an apartment will find that rent prices are also lower than the U.S. average. The cost of groceries and other everyday items are also lower than many other parts of Texas, making it an excellent choice for those looking to save a bit on their monthly expenses. Overall, living in Iola is very affordable and makes it an attractive option for those looking to stretch their dollars further.