Housing costs in Collins?
A typical home costs
$204,300, which is 39.6% less expensive than the national average of
$338,100 and 4.8% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Collins costs
$1,040 per month, which is 11.8% more than the national average of
$930 and 7.7% more than the state average of
$960.
Can I afford Collins?
To live comfortably in Collins (zip 50055), Iowa, a minimum annual income of
$39,240 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Collins?
The cost of living in 50055 Collins, IA is relatively affordable. The median home value is $188,200, which is lower than the national median of $231,200. Additionally, the median household income in Collins is $69,167 per year, much lower than the national average of $61,937. This means that individuals and families who live in this area are able to stretch their paycheck further and have more money to put towards other essentials or luxuries. Groceries and utilities tend to be quite inexpensive as well making it a great place for those looking for a more cost effective lifestyle.