Housing costs in Thornton?
A typical home costs
$107,800, which is 68.1% less expensive than the national average of
$338,100 and 44.7% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Thornton costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 14.8% cheaper than the state average of
$930.
Can I afford Thornton?
To live comfortably in Thornton, Iowa, a minimum annual income of
$20,520 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Thornton?
The cost of living in Thornton, IA is very affordable. The median home price is just over $100,000, and the overall cost of living index is 84.7, which is significantly lower than the national average. With low home prices and low taxes, Thornton provides a great place to live without breaking the bank. Other costs are also quite reasonable; groceries are 8% below the national average, while utilities are 10% below the U.S. average. All in all, Thornton offers a pleasant quality of life at an affordable price - making it an attractive option for many residents.