Housing costs in Storm Lake?
A typical home costs
$150,000, which is 55.6% less expensive than the national average of
$338,100 and 23.0% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Storm Lake costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 17.7% cheaper than the state average of
$930.
Can I afford Storm Lake?
To live comfortably in Storm Lake, Iowa, a minimum annual income of
$28,800 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Storm Lake?
The cost of living in Storm Lake, IA is relatively low. The median home value is approximately $87,000, making it one of the most affordable places to live in Iowa. In addition, the cost of groceries and utilities are lower than many other cities in the state. Property taxes tend to be low as well. All in all, Storm Lake provides an exceptionally budget-friendly place to live with a great quality of life.