Housing costs in Vinton?
A typical home costs
$160,100, which is 52.6% less expensive than the national average of
$338,100 and 17.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Vinton costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 6.9% cheaper than the state average of
$930.
Can I afford Vinton?
To live comfortably in Vinton, Iowa, a minimum annual income of
$30,600 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Vinton?
The cost of living in Vinton, IA is generally quite affordable. According to Sperling's Best Places, the cost of living index for Vinton is 78.5, which is significantly lower than the national average of 100. Housing costs are particularly affordable, with median home values at around $122,500 and price-to-rent ratios at around 15. The median household income in Vinton is approximately $46,600, which puts it slightly below the Iowa median income of around $51,000. Overall, Vinton provides a very reasonable cost of living for those looking to settle down in a small town atmosphere without breaking the bank.