Housing costs in Dow City?
A typical home costs
$78,200, which is 76.9% less expensive than the national average of
$338,100 and 59.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Dow City costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 20.8% cheaper than the state average of
$930.
Can I afford Dow City?
To live comfortably in Dow City, Iowa, a minimum annual income of
$15,120 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Dow City?
The cost of living in Dow City, IA is considered to be moderately affordable. According to the most recent figures from the U.S. Department of Housing and Urban Development (HUD), the median home cost in Dow City is $114,100, which is slightly below the state median of $119,900. Additionally, the Consumer Price Index for Dow City stands at about 102 compared to 100 statewide. This indicates that while basic goods and services are not substantially cheaper than they are state-wide, they are still generally more affordable than in many other areas of Iowa and the country as a whole.