Housing costs in Lakota?
A typical home costs
$78,100, which is 76.9% less expensive than the national average of
$338,100 and 59.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Lakota costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 32.9% cheaper than the state average of
$930.
Can I afford Lakota?
To live comfortably in Lakota, Iowa, a minimum annual income of
$15,120 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Lakota?
The cost of living in Lakota, IA is quite reasonable. The overall cost of living index is 9.6%, which is lower than the national average of 11.7%. Housing expenses are particularly favorable, with an index of 8.8%, which is much lower than the national average. Overall, living in Lakota, IA can be significantly more affordable than many other areas in the United States. This makes it a great option for those who are looking to save money while still enjoying the quality of life that comes with a small town community.