Housing costs in Redding?
A typical home costs
$183,400, which is 45.8% less expensive than the national average of
$338,100 and 5.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Redding 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 Redding?
To live comfortably in Redding, Iowa, a minimum annual income of
$35,280 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Redding?
Redding, IA is a great place to live on a budget. The cost of living in Redding is quite low compared to other areas in the state, with an overall cost of living index of 85.7 – which is 15.3 points lower than the national average. Housing is especially affordable, with median home prices being much lower than the rest of Iowa and the nation as a whole. Average rental prices are also quite reasonable, making it easy for anyone to find an affordable place to live in Redding. Additionally, food costs are among the lowest in Iowa, and transportation costs are also relatively low. All in all, living in Redding can be very economical and still provide plenty of opportunities for entertainment and activities.