Housing costs in Spirit Lake?
A typical home costs
$327,800, which is 3.0% less expensive than the national average of
$338,100 and 68.2% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Spirit Lake costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 2.1% more than the state average of
$930.
Can I afford Spirit Lake?
To live comfortably in Spirit Lake I Metro Area, Iowa, a minimum annual income of
$62,640 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Spirit Lake?
The cost of living in the Spirit Lake, IA Metro Area is quite low compared to the US average. According to recent statistics, the cost of living in this area is 89.8, which is 10.2 points lower than the US average of 100. This makes it ideal for those looking for a more affordable lifestyle without sacrificing too much in terms of amenities and services. Additionally, the median house value in this metro area is $327,800, which is around $10,000 lower than what it costs on average across the country ($338,100). All in all, Spirit Lake is an attractive option for those looking to stretch their budget further without compromising on quality of life.