Housing costs in Lake Park?
A typical home costs
$196,500, which is 41.9% less expensive than the national average of
$338,100 and 0.8% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Lake Park costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 5.1% more than the state average of
$930.
Can I afford Lake Park?
To live comfortably in Lake Park, Iowa, a minimum annual income of
$37,800 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Lake Park?
The cost of living in Lake Park, IA is very affordable compared to other cities in the area. Prices for basic necessities such as food and housing are significantly lower than other nearby towns and cities. Additionally, the overall cost of living is below the national average, making it an ideal place to live for those who are looking to save money. There are also a variety of different housing options available to fit any budget, from townhouses and duplexes to single-family homes. In general, residents can expect to pay less for the same quality of life they would find elsewhere.