Housing costs in Nevada?
A typical home costs
$216,600, which is 35.9% less expensive than the national average of
$338,100 and 11.1% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Nevada 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 Nevada?
To live comfortably in Nevada, Iowa, a minimum annual income of
$41,400 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Nevada?
The cost of living in Nevada, IA is quite affordable, making it an attractive destination for those looking to save some money. According to the Council for Community and Economic Research's Cost of Living Index, Nevada is about 12% below the national average. Housing costs are particularly low, with median home prices coming in at just above $100,000. Other living expenses, such as groceries and transportation, are also quite reasonable. Additionally, the state has no income tax on individuals or businesses which makes it even more attractive financially. All these factors contribute to Nevada being an ideal place for people who want to stretch their dollar further than what other states offer.