Housing costs in Clear Lake?
A typical home costs
$266,600, which is 21.1% less expensive than the national average of
$338,100 and 36.8% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Clear Lake costs
$810 per month, which is 12.9% cheaper than the national average of
$930 and 2.5% cheaper than the state average of
$830.
Can I afford Clear Lake?
To live comfortably in Clear Lake (zip 50428), Iowa, a minimum annual income of
$51,120 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Clear Lake?
The cost of living in 50428 Clear Lake, IA is generally quite affordable. Goods and services are priced at a reasonable level, and housing costs are well below the average for the US. The median home price in Clear Lake is around $144,000, significantly lower than the national average of approximately $215,000. Renters can expect to pay an average monthly rent of $717 compared to the US average of around $1,000 per month. Groceries and other essential items tend to be slightly more expensive than the national averages but overall remain quite affordable. All of these factors make 50428 Clear Lake, IA an attractive place to live for people on a variety of budgets.