Houghton, IA Cost of Living


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Houghton cost of living score
72.1
Less expensive
27.9% lower
than the US average
10.0% lower
than the Iowa average
Houghton, Iowa gets a BestPlaces Cost of Living score of 72.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.9% lower than the U.S. average and 10.0% higher than the average for Iowa.

Houghton, IA

Housing costs in Houghton?
A typical home costs $155,300, which is 54.1% less expensive than the national average of $338,100 and 20.3% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Houghton costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 13.4% cheaper than the state average of $930.

Can I afford Houghton?
To live comfortably in Houghton, Iowa, a minimum annual income of $29,880 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Houghton?
The cost of living in Houghton, IA is relatively low compared to other parts of the state. The median home value is $64,600 and the median rent price is $636 per month. Utilities are also quite affordable, averaging approximately $150 per month for electricity, gas, and water. Groceries and other essentials are generally very reasonably priced as well. All in all, living in Houghton can be a great way to save money while still enjoying small-town life with access to many amenities.
   Cost of living score
     CategoriesHoughtonIowaUnited States
  72.180.1100.0
  9494.4100
  116.3108.2100.0
  42.955.4100.0
  $155,300$194,900$338,100
  100.8%98.5%100.0%
  65.071.4100.0
  85.396.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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