Housing costs in Ute?
A typical home costs
$86,700, which is 74.4% less expensive than the national average of
$338,100 and 55.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Ute costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 32.9% cheaper than the state average of
$930.
Can I afford Ute?
To live comfortably in Ute, Iowa, a minimum annual income of
$16,560 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Ute?
The cost of living in Ute, IA is quite affordable compared to other areas. Housing costs are very reasonable, with the median home value coming in at around $125,400. Other essential living expenses such as food, transportation, and utilities also stay relatively low. The area has a slightly higher than average sales tax rate of 7%, but overall prices for goods and services remain lower than most large cities. All these combined make Ute, IA an attractive place to live for those looking for a more affordable lifestyle.