Housing costs in New Sharon?
A typical home costs
$170,400, which is 49.6% less expensive than the national average of
$338,100 and 12.6% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in New Sharon costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 14.8% cheaper than the state average of
$930.
Can I afford New Sharon?
To live comfortably in New Sharon, Iowa, a minimum annual income of
$32,760 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about New Sharon?
The cost of living in New Sharon, IA is relatively low compared to many other towns and cities. According to the most recent figures from the US Census Bureau, New Sharon has a cost of living index that is nearly 8 points lower than the national average. The median household income in New Sharon is also well below the national average at only $45,000. In addition to having a relatively low cost of living, there are also various housing options available in town ranging from single family homes to multi-family dwellings and apartment complexes. With its affordable costs of living and wide range of housing options, New Sharon is an attractive option for those looking for an affordable place to live without sacrificing quality or convenience.