Housing costs in Iowa?
A typical home costs
$194,900, which is 42.4% less expensive than the national average of
$338,100 and 0.0% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Iowa costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and close to the state average of
$930.
Can I afford Iowa?
To live comfortably in Iowa, a minimum annual income of
$37,440 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Iowa?
The cost of living in Iowa State is relatively affordable, especially compared to other states. The median home price in the state is around $150,000, and rent for a one-bedroom apartment tends to average out at around $750 per month. Groceries and utilities are also quite low; a typical grocery bill for a family of four averages about $300 per week, while monthly utility bills tend to be around $200. Iowa State's low cost of living makes it an attractive destination for those looking to save money or just live comfortably without breaking the bank.