Housing costs in Irwin?
A typical home costs
$108,100, which is 68.0% less expensive than the national average of
$338,100 and 44.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Irwin costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 31.0% cheaper than the state average of
$930.
Can I afford Irwin?
To live comfortably in Irwin, Iowa, a minimum annual income of
$20,880 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Irwin?
The cost of living in Irwin, IA is quite low compared to many other parts of the country. According to the cost of living index compiled by BestPlaces.net, the cost of living in Irwin is a modest 86.6, which is 14.4% lower than the national average. This means that food, housing, and other necessities are much more affordable in this small town than in other places throughout America. In addition to the relatively low costs associated with day-to-day expenses, taxes are also relatively low in Irwin with sales tax at 6%, property tax at 1.37%, and income tax at 8%. All these factors make Irwin an attractive location for those looking to move into a more affordable area with plenty of amenities and attractions nearby.