Housing costs in Wayland?
A typical home costs
$127,000, which is 62.4% less expensive than the national average of
$338,100 and 34.8% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Wayland costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 24.0% cheaper than the state average of
$930.
Can I afford Wayland?
To live comfortably in Wayland, Iowa, a minimum annual income of
$24,480 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Wayland?
Wayland, IA is a great place to live for those looking for an affordable cost of living. The overall cost of living index in Wayland is 82.9, which is significantly lower than the United States average of 100. Housing costs are especially low with the median home price coming in at around $90,000 and the median rent being approximately $670 per month. Utilities are also relatively inexpensive compared to other places in the nation. All of these factors combined make Wayland an ideal place to live for those on a budget or those simply wanting to save more money.