Housing costs in Lake View?
A typical home costs
$179,600, which is 46.9% less expensive than the national average of
$338,100 and 7.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Lake View costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 24.0% cheaper than the state average of
$930.
Can I afford Lake View?
To live comfortably in Lake View, Iowa, a minimum annual income of
$34,560 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Lake View?
Living in Lake View, IA can be an affordable option compared to many other parts of the country. The overall cost of living is fairly low with housing being especially affordable. The median home price is only $83,100 and the monthly rent for a studio apartment averages around $395. Utilities are also quite reasonable with the average cost for natural gas and electricity being $112 and $124 per month respectively. All these aspects combined make Lake View an ideal place to live for people looking for a fair balance between cost and quality of life.