Housing costs in New Providence?
A typical home costs
$127,700, which is 62.2% less expensive than the national average of
$338,100 and 34.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in New Providence costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 4.5% cheaper than the state average of
$930.
Can I afford New Providence?
To live comfortably in New Providence, Iowa, a minimum annual income of
$24,480 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about New Providence?
New Providence, IA is an affordable place to live. The cost of living in this small town is lower than the national average, making it easier for families and individuals to afford necessary expenses. Housing costs are significantly lower than the national average, with the median home price around $85,000. Food and grocery prices are also low, with an overall index score of 90.6 (which is 10.4 points lower than the national average). Gasoline and utilities are also below average. This makes New Providence a great option for those looking for affordable living options without sacrificing quality of life.