Housing costs in Ottosen?
A typical home costs
$184,500, which is 45.4% less expensive than the national average of
$338,100 and 5.3% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Ottosen costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 16.3% cheaper than the state average of
$930.
Can I afford Ottosen?
To live comfortably in Ottosen, Iowa, a minimum annual income of
$35,280 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Ottosen?
The cost of living in Ottosen, IA is generally quite low. Housing costs are relatively inexpensive, and the median home value for the town is just under $100,000. Other necessary expenses such as groceries, transportation and health care are also reasonably priced. Additionally, most goods and services that can be found in larger cities can often be found in Ottosen at a much lower cost. All this makes it an attractive place to live for those on a budget or looking to save money.