Housing costs in Leland?
A typical home costs
$100,600, which is 70.2% less expensive than the national average of
$338,100 and 48.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Leland 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 Leland?
To live comfortably in Leland, Iowa, a minimum annual income of
$19,440 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Leland?
The cost of living in Leland, IA is quite low compared to other areas in the United States. According to the Missouri Economic Research and Information Center, the cost of living in Leland is 7.3% lower than the national average. This means that groceries, housing, and other necessities are generally more affordable than they would be if purchased elsewhere in the country. The median house price is also quite low at around $90,000. For those looking for a place with an affordable cost of living while still enjoying some of the amenities of a larger metropolitan area, Leland is definitely worth considering.