Housing costs in Calumet?
A typical home costs
$77,700, which is 77.0% less expensive than the national average of
$338,100 and 60.1% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Calumet costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$930.
Can I afford Calumet?
To live comfortably in Calumet (zip 51009), Iowa, a minimum annual income of
$14,760 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Calumet?
The cost of living in 51009 Calumet, IA is relatively low compared to the rest of the United States. The median home price in the area is $135,600 which is nearly 10% lower than the national average. The median household income is around $60,000 a year and housing expenses make up about 25% of that. Overall, groceries, utilities, transportation costs, and health care remain relatively affordable in this small town. Additionally, with no state income tax and low sales tax rates (6%), residents can feel confident that they are getting a good deal for their money when it comes to living in Calumet.