Housing costs in Marengo?
A typical home costs
$161,500, which is 52.2% less expensive than the national average of
$338,100 and 17.1% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Marengo 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 Marengo?
To live comfortably in Marengo, Iowa, a minimum annual income of
$30,960 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Marengo?
Marengo, IA has an affordable cost of living. The cost of housing is relatively inexpensive, with the median home price sitting at $115,000. Utilities and groceries are also reasonably priced in town. The overall cost of living in Marengo is 8% lower than the national average, making it an attractive choice for those looking to budget and stay within their means.