Housing costs in Alleman?
A typical home costs
$313,900, which is 7.2% less expensive than the national average of
$338,100 and 61.1% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Alleman costs
$1,070 per month, which is 15.1% more than the national average of
$930 and close to the state average of
$1,060.
Can I afford Alleman?
To live comfortably in Alleman (zip 50007), Iowa, a minimum annual income of
$60,120 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Alleman?
The cost of living in 50007 Alleman, IA is quite reasonable compared to other parts of the country. The median home value is around $206,000, which is lower than the national average. The median rent for a two-bedroom apartment is approximately $1,015 and groceries are generally affordable as well. Utilities also tend to be reasonably priced with an average monthly gas bill ranging from $25-$50 and electricity typically costing around $100 per month. In addition, the state income tax rate is just 5%, which keeps taxes relatively low compared to other states. All of these factors make living in 50007 Alleman, IA a budget-friendly option for individuals looking to relocate or start a family.