Housing costs in Neola?
A typical home costs
$226,100, which is 33.1% less expensive than the national average of
$338,100 and 16.0% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Neola costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 3.1% more than the state average of
$930.
Can I afford Neola?
To live comfortably in Neola, Iowa, a minimum annual income of
$43,200 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Neola?
The cost of living in Neola, IA is quite reasonable compared to other parts of the country. The median home value is $118,400, which is about 11% lower than the national average. Additionally, the cost of groceries and other goods and services are significantly lower than the U.S. average, making Neola a great place to live if you are looking for a more affordable lifestyle. Property taxes are also low in Neola, with an effective tax rate of just 1.65%, making it one of the most affordable areas to live in Iowa.