Housing costs in Hamilton?
A typical home costs
$82,200, which is 75.7% less expensive than the national average of
$338,100 and 57.8% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Hamilton costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 10.7% cheaper than the state average of
$930.
Can I afford Hamilton?
To live comfortably in Hamilton, Iowa, a minimum annual income of
$15,840 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Hamilton?
The cost of living in Hamilton, IA is relatively low compared to other cities in Iowa. The median home price in Hamilton is around $107,000, which is significantly lower than the national median home price of about $217,000. Additionally, the average utility cost for a 915-square-foot apartment is only around $148 per month. Other basic living expenses such as food and transportation costs are also quite reasonable. Overall, Hamilton offers an affordable lifestyle with plenty of amenities that make it a great place for residents to live and work.