Housing costs in Packwood?
A typical home costs
$128,400, which is 62.0% less expensive than the national average of
$338,100 and 34.1% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Packwood 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 Packwood?
To live comfortably in Packwood, 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 Packwood?
The cost of living in Packwood, IA is relatively low compared to other cities in the United States. The median household income in Packwood is around $54,000, and the median home value is $110,700. The average price for a gallon of gas is around $2.50, and the average price for rent is around $650 per month. Groceries tend to be slightly more expensive than average due to the small population size. Overall, Packwood provides a great quality of life at an affordable cost of living.