Housing costs in Chelsea?
A typical home costs
$168,700, which is 50.1% less expensive than the national average of
$338,100 and 13.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Chelsea costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 3.3% cheaper than the state average of
$930.
Can I afford Chelsea?
To live comfortably in Chelsea, Iowa, a minimum annual income of
$32,400 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Chelsea?
Chelsea, IA is an affordable place to live with a very low cost of living. According to the Missouri Economic Research and Information Center, the cost of living in Chelsea, IA is 19.5% lower than the national average. The median home price in Chelsea is $97,400 and the median rent for a two-bedroom apartment is only $660 per month. Groceries and other necessities are also reasonably priced, making Chelsea an attractive option for those looking for a cost-effective place to live.