Housing costs in Lewis?
A typical home costs
$106,800, which is 68.4% less expensive than the national average of
$338,100 and 45.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Lewis costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and close to the state average of
$930.
Can I afford Lewis?
To live comfortably in Lewis, Iowa, a minimum annual income of
$20,520 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Lewis?
The cost of living in Lewis, IA is quite low compared to the national average. The median home value is around $88,000 and the median rent is approximately $750 per month. Taxes are also relatively low with a flat tax rate of 5%. Additionally, utilities are relatively affordable with an average electric bill being around $90 and gas bills around $50. The overall cost of living in Lewis, IA allows for many residents to enjoy a comfortable life without having to worry about the financial strain that comes with higher-cost areas.