Housing costs in Lu Verne?
A typical home costs
$90,000, which is 73.4% less expensive than the national average of
$338,100 and 53.8% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Lu Verne costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 31.0% cheaper than the state average of
$930.
Can I afford Lu Verne?
To live comfortably in Lu Verne, Iowa, a minimum annual income of
$17,280 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Lu Verne?
The cost of living in Lu Verne, IA is quite affordable. The overall cost of living index is slightly below the national average, at 90.4, and housing costs are well below the national average as well, with a median home value of $95,000. Additionally, utilities in Lu Verne are quite reasonable, with electricity costing an average of $99.63 per month and gas costing an average of $68.86 per month. All in all, those looking for an affordable place to live should consider Lu Verne.