Housing costs in Allison?
A typical home costs
$147,200, which is 56.5% less expensive than the national average of
$338,100 and 24.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Allison costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 20.8% cheaper than the state average of
$930.
Can I afford Allison?
To live comfortably in Allison (zip 50602), Iowa, a minimum annual income of
$28,080 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Allison?
The cost of living in 50602 Allison, IA is relatively low compared to other areas in the United States. The median home value in the area is approximately $64,000, which is significantly lower than the national median home value of around $231,000. Additionally, the median household income in 50602 Allison, IA is around $50,000, which is about 30% lower than the national average. This means that residents of this area can enjoy a high quality of life while spending much less on their everyday expenses. Utilities are also reasonably priced and groceries are available at reasonable prices. All in all, 50602 Allison, IA can be a great place to live for those looking for an affordable cost of living without sacrificing quality.