Housing costs in Storm Lake?
A typical home costs
$161,600, which is 52.2% less expensive than the national average of
$338,100 and 17.1% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Storm Lake costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 14.8% cheaper than the state average of
$930.
Can I afford Storm Lake?
To live comfortably in Storm Lake I Metro Area, Iowa, a minimum annual income of
$30,960 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Storm Lake?
The cost of living in the Storm Lake, IA Metro Area is significantly lower than the US average. At 74.7 compared to the US average of 100, it is a bargain for those looking to buy or rent. Similarly, the median house value in Storm Lake is $161600, which is considerably lower than the US average of $338100. This makes Storm Lake a great option for those looking to get more value from their housing dollars.