Housing costs in Fenton?
A typical home costs
$71,200, which is 78.9% less expensive than the national average of
$338,100 and 63.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Fenton costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$930.
Can I afford Fenton?
To live comfortably in Fenton, Iowa, a minimum annual income of
$13,680 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Fenton?
Fenton, IA has a relatively low cost of living compared to other places. The median home value in Fenton is around $91,000, which is much lower than the national median of $184,700. Additionally, the median household income in Fenton is around $51,000 per year. This means that while housing costs are low, basic necessities such as food and transportation can still be affordably implemented into a budget. All in all, Fenton has a reasonably low cost of living that can make it attractive to those looking to move or start a business here.