Housing costs in Amana?
A typical home costs
$240,300, which is 28.9% less expensive than the national average of
$338,100 and 23.3% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Amana costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 2.1% more than the state average of
$930.
Can I afford Amana?
To live comfortably in Amana, Iowa, a minimum annual income of
$46,080 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Amana?
The cost of living in Amana, IA is generally quite affordable. According to the Missouri Economic Research and Information Center, Amana currently has an overall cost of living index of 93.8, which is 7.2% lower than the national average. Housing prices are especially low when compared to other towns in Iowa, with the median home value estimated at around $156,000. Additionally, groceries and utilities remain inexpensive for Amana residents due to its rural location and small population size; food costs are 14% lower than the national average and utility costs are 13% lower on average. These factors make Amana a great place for people looking for an affordable option when selecting a place to live or work in Iowa.