Housing costs in Milo?
A typical home costs
$206,000, which is 39.1% less expensive than the national average of
$338,100 and 5.7% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Milo costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 5.1% more than the state average of
$930.
Can I afford Milo?
To live comfortably in Milo, Iowa, a minimum annual income of
$39,600 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Milo?
The cost of living in Milo, IA is quite affordable. The median home value is around $104,800, which is significantly lower than the national average. Renters can expect to pay an average of $671 per month for a single bedroom apartment. Utilities are also relatively low cost compared to other parts of the country, with the average monthly electric bill costing around $117. Groceries are also reasonably priced in the area. Overall, residents of Milo enjoy a relatively low cost of living when compared to other parts of Iowa and the nation as a whole.