Housing costs in Frederika?
A typical home costs
$87,800, which is 74.0% less expensive than the national average of
$338,100 and 55.0% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Frederika costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 5.7% cheaper than the state average of
$930.
Can I afford Frederika?
To live comfortably in Frederika, Iowa, a minimum annual income of
$16,920 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Frederika?
Frederika, IA is an affordable place to live with a cost of living that is 6% lower than the national average. The median home value in Frederika is $117,000 and the median rent price is $725 per month. Utility costs are 18% lower than the national average, making it even more affordable for people looking to move here. Grocery prices are also 7% lower than the national average which helps families save money. All these factors make Frederika, IA a great place to live and work for anyone on a budget.