Housing costs in Andover?
A typical home costs
$122,300, which is 63.8% less expensive than the national average of
$338,100 and 37.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Andover costs
$830 per month, which is 10.8% cheaper than the national average of
$930 and close to the state average of
$840.
Can I afford Andover?
To live comfortably in Andover (zip 52701), Iowa, a minimum annual income of
$23,400 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Andover?
The cost of living in Andover, IA (zip code 52701) is fairly affordable. The overall cost of living index is 79.2, which is significantly lower than the national average of 100. Groceries, transportation and healthcare are especially more affordable than the US average, while housing costs are slightly higher. Rent prices for a one-bedroom apartment average around $700 per month, while a three bedroom home averages around $900 per month. With its low overall cost of living and access to beautiful natural areas like Lake Macbride State Park, Andover can be an attractive option for those looking for an affordable place to call home.