Housing costs in Alden?
A typical home costs
$127,800, which is 62.2% less expensive than the national average of
$338,100 and 34.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Alden costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 10.7% cheaper than the state average of
$930.
Can I afford Alden?
To live comfortably in Alden, Iowa, a minimum annual income of
$24,480 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Alden?
Alden, IA is an affordable place to live, with the cost of living 11% lower than the US average. Housing costs in Alden are particularly low with a median home value of just $89,800, representing a whopping 33% savings when compared to the national average. Renters will also find relative bargains here, paying an average of $717 per month for a one bedroom apartment. Groceries and other basic necessities are also inexpensive in Alden and below the national average. The low cost of living combined with a variety of job opportunities make this small town an attractive option for those looking to save money while enjoying modest Midwest living.