Housing costs in Prescott?
A typical home costs
$125,600, which is 62.9% less expensive than the national average of
$338,100 and 35.6% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Prescott costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 3.3% cheaper than the state average of
$930.
Can I afford Prescott?
To live comfortably in Prescott, Iowa, a minimum annual income of
$24,120 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Prescott?
The cost of living in Prescott, IA is quite affordable compared to other parts of the country. The median home price is $117,500, which is a great deal compared to other places in the region. The average rental rate for a one-bedroom apartment is usually around $600 - $700 per month, depending on where you live. Groceries are very reasonably priced here, with most items being available for around $4 - $5 for a typical grocery store item. Additionally, gasoline and other utilities are significantly cheaper than in many other parts of the country. All in all, Prescott offers an excellent cost of living that makes it a great place to live and work.