Housing costs in Iowa Falls?
A typical home costs
$114,100, which is 66.3% less expensive than the national average of
$338,100 and 41.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Iowa Falls costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 19.2% cheaper than the state average of
$930.
Can I afford Iowa Falls?
To live comfortably in Iowa Falls, Iowa, a minimum annual income of
$21,960 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Iowa Falls?
The cost of living in Iowa Falls, IA is relatively low compared to surrounding cities and towns. The median home value in Iowa Falls is around $75,000, much lower than the national average. In addition, residents can expect to pay about one-third less than the national average for food, transportation, and healthcare costs. The total cost of living index in Iowa Falls is a little over 90%, meaning that it is affordable for most families to live comfortably. All these factors make Iowa Falls an attractive place to live for those looking for a more affordable lifestyle.