Housing costs in Farmersburg?
A typical home costs
$151,200, which is 55.3% less expensive than the national average of
$338,100 and 22.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Farmersburg 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 Farmersburg?
To live comfortably in Farmersburg, Iowa, a minimum annual income of
$28,800 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Farmersburg?
The cost of living in Farmersburg, IA is relatively low compared to other areas in the United States. The median home value is just over $75,000, which is much lower than the national average. Groceries, healthcare and utilities are also relatively affordable when compared to larger cities. Additionally, the unemployment rate is only 4%, which indicates a stable economy with plenty of job opportunities for those looking to move to the area. All in all, Farmersburg offers an excellent quality of life without having to pay exorbitant prices for it.