Housing costs in Royal?
A typical home costs
$83,500, which is 75.3% less expensive than the national average of
$338,100 and 57.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Royal costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 31.0% cheaper than the state average of
$930.
Can I afford Royal?
To live comfortably in Royal, Iowa, a minimum annual income of
$15,840 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Royal?
The cost of living in Royal, IA is quite reasonable. The median home value is $189,400 which is lower than the national average. Additionally, the median household income in Royal is $81,832 which is much higher than the national average. This higher income combined with lower costs for goods and services makes the cost of living in Royal a very attractive prospect for those looking to move to or live in Iowa.