Housing costs in Coburg?
A typical home costs
$108,200, which is 68.0% less expensive than the national average of
$338,100 and 44.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Coburg costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 5.1% more than the state average of
$930.
Can I afford Coburg?
To live comfortably in Coburg, Iowa, a minimum annual income of
$20,880 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Coburg?
The cost of living in Coburg, IA is relatively low compared to other parts of the country. The median monthly housing costs are just $650, which is below the national average of $1,000. The median household income in Coburg is just over $52,000 per year, which is well below the national average of around $60,000. On top of that, there are a variety of tax incentives available for businesses and individuals located in Coburg that can help keep their costs even lower. In addition to all these things, Coburg has very affordable grocery prices and transportation prices. All in all, living in Coburg doesn't have to break the bank and can be a great place for both business owners and families alike.