Housing costs in Iowa Colony?
A typical home costs
$417,200, which is 23.4% more expensive than the national average of
$338,100 and 40.2% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Iowa Colony costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 20.8% cheaper than the state average of
$1,280.
Can I afford Iowa Colony?
To live comfortably in Iowa Colony, Texas, a minimum annual income of
$79,920 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Iowa Colony?
The cost of living in Iowa Colony, TX is quite affordable compared to other parts of the country. The median home value in Iowa Colony is around $162,000, which is significantly less than the national median of $218,000. In addition, monthly rent for a one-bedroom apartment averages around $875 per month, making it an attractive option for those on a budget. Groceries and utilities are also reasonably priced. This makes it an ideal location for anyone looking for the convenience of city living without breaking the bank.