Housing costs in Oto?
A typical home costs
$141,800, which is 58.1% less expensive than the national average of
$338,100 and 27.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Oto costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 13.4% cheaper than the state average of
$930.
Can I afford Oto?
To live comfortably in Oto, Iowa, a minimum annual income of
$27,000 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Oto?
Oto, IA is an affordable place to live with a lower-than-average cost of living. The median home price in Oto is $72,800, significantly lower than the national average of $184,700. Additionally, the average cost of goods and services in Oto is 8% lower than the U.S. average. This means that groceries, restaurant meals, and other everyday expenses tend to be cheaper compared to other parts of the country. Overall, it's a great choice for those looking for an economical place to call home.