Housing costs in Homestead?
A typical home costs
$268,600, which is 20.6% less expensive than the national average of
$338,100 and 37.8% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Homestead costs
$1,150 per month, which is 19.6% cheaper than the national average of
$1,430 and 19.1% more than the state average of
$930.
Can I afford Homestead?
To live comfortably in Homestead, Iowa, a minimum annual income of
$51,480 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Homestead?
Homestead, IA has a relatively low cost of living compared to other cities in the United States. The median home value is $107,400 and the median rent is $642, which are both well below the national averages. Additionally, groceries and utilities are also slightly lower than average. This makes Homestead an attractive place to live for those who are looking for a low-cost option without sacrificing quality of life.