Housing costs in New Haven?
A typical home costs
$166,400, which is 50.8% less expensive than the national average of
$338,100 and 14.6% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in New Haven costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 19.2% cheaper than the state average of
$930.
Can I afford New Haven?
To live comfortably in New Haven, Iowa, a minimum annual income of
$32,040 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about New Haven?
The cost of living in New Haven, Iowa is quite reasonable. According to Sperling's Best Places, the cost of living index for New Haven is 86.7 compared to the national average of 100. This is largely due to low housing costs making up a huge portion of living expenses as the median home value comes in at $126,900 and rent averages around $800 per month. Additionally, most goods and services are inexpensive when compared to other areas in the country. Groceries tend to cost less than the national average as do transportation and healthcare costs. All together, these factors make New Haven an affordable place to live with a good quality of life.