Housing costs in Indianola?
A typical home costs
$259,100, which is 23.4% less expensive than the national average of
$338,100 and 32.9% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Indianola costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and close to the state average of
$930.
Can I afford Indianola?
To live comfortably in Indianola, Iowa, a minimum annual income of
$49,680 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Indianola?
The cost of living in Indianola, IA is quite reasonable, with the overall cost of living index being 4% lower than the national average. The median home value is around $168,400 and the median rental rate is approximately $846 per month. Most goods and services are reasonably priced as well due to its small population size. The unemployment rate in Indianola is also lower than the national average, which can help to lower the cost of living even further. All in all, Indianola provides a great quality of life at an affordable price for those looking for a quiet lifestyle in rural Iowa.