Housing costs in Cresco?
A typical home costs
$150,300, which is 55.5% less expensive than the national average of
$338,100 and 22.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Cresco costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 17.7% cheaper than the state average of
$930.
Can I afford Cresco?
To live comfortably in Cresco, Iowa, a minimum annual income of
$28,800 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Cresco?
The cost of living in Cresco, IA is quite affordable. The cost of housing is very low, with median home costs coming in at about $83,000. Utilities are also quite affordable and the average monthly utility bill comes to around $135. Groceries tend to be a bit more expensive than other nearby towns; however, overall the cost of food is still reasonable. Other basic costs such as gas and car insurance are also quite low due to the low population density making competition between providers high. All in all, Cresco, IA has a great cost of living that makes it attractive for those looking for a place to live with reasonable expenses.