Housing costs in Peterson?
A typical home costs
$112,300, which is 66.8% less expensive than the national average of
$338,100 and 42.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Peterson costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 19.2% cheaper than the state average of
$930.
Can I afford Peterson?
To live comfortably in Peterson, Iowa, a minimum annual income of
$21,600 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Peterson?
The cost of living in Peterson, IA is relatively low compared to the national average. According to the latest data from the US Census Bureau, Peterson has a median household income of $55,000 and a median home value of $145,000. This means that the cost of living in Peterson is much lower than many other cities and states across the country. Additionally, housing costs in Peterson are quite affordable with an average rent of $660 per month and an average home price of under $150,000. With its low cost of living and affordable housing options, Peterson is an attractive place to live for those looking for a small town feel with big city amenities.