Housing costs in Bancroft?
A typical home costs
$126,300, which is 62.6% less expensive than the national average of
$338,100 and 35.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Bancroft costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 19.2% cheaper than the state average of
$930.
Can I afford Bancroft?
To live comfortably in Bancroft (zip 50517), Iowa, a minimum annual income of
$24,120 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Bancroft?
The cost of living in 50517 Bancroft, IA is relatively low compared to the national average. According to the most recent data, the overall cost of living index for this zip code is 79.4, which is 21.6% below the US average. Housing costs in particular are very affordable with a median home value of just $98,800 and a median rent of only $542 per month. Groceries, transportation, and healthcare are all also priced lower than the national average. All in all, it's an ideal place to live for those who want to enjoy a comfortable lifestyle without breaking the bank.