Housing costs in Cumming?
A typical home costs
$501,800, which is 48.4% more expensive than the national average of
$338,100 and 157.5% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Cumming costs
$1,120 per month, which is 20.4% more than the national average of
$930 and 5.4% more than the state average of
$1,060.
Can I afford Cumming?
To live comfortably in Cumming (zip 50061), Iowa, a minimum annual income of
$96,120 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Cumming?
The cost of living in 50061 Cumming, IA is quite affordable. The median home value in the area is $204,500, which is lower than the US national average. Additionally, the median household income is around $58,000 per year, slightly higher than the national average. Other costs such as food and entertainment tend to be below average as well. This makes it an attractive choice for those looking for an affordable place to live.