Housing costs in Clear Lake?
A typical home costs
$272,800, which is 19.3% less expensive than the national average of
$338,100 and 40.0% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Clear Lake 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 Clear Lake?
To live comfortably in Clear Lake, Iowa, a minimum annual income of
$52,200 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Clear Lake?
Clear Lake, IA is an affordable place to live. The cost of living in Clear Lake is low compared to other cities in the United States. In terms of housing costs, the median home value in Clear Lake is $120,400--which is significantly less than the national median of $229,700. Additionally, groceries and health care costs are also lower than the national average. Furthermore, residents benefit from low utility bills due to Clear Lake's mild climate. All in all, it's easy to stretch a dollar and find good deals when living in Clear Lake.