Housing costs in Iowa City?
A typical home costs
$278,200, which is 17.7% less expensive than the national average of
$338,100 and 42.7% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Iowa City costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 15.5% more than the state average of
$930.
Can I afford Iowa City?
To live comfortably in Iowa City I Metro Area, Iowa, a minimum annual income of
$53,280 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Iowa City?
Iowa City, IA Metro Area has a cost of living that is 88.5, which is lower than the national average of 100. This means that although the median value of a house in Iowa City is $278200, it is still fairly affordable compared to other areas in the US where the average house value is $338,100. The cost of living in Iowa City can be attractive for those on a budget or those looking for a more affordable home in the area.