Housing costs in Derby?
A typical home costs
$184,400, which is 45.5% less expensive than the national average of
$338,100 and 5.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Derby costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 13.4% cheaper than the state average of
$930.
Can I afford Derby?
To live comfortably in Derby (zip 50068), Iowa, a minimum annual income of
$35,280 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Derby?
The cost of living in 50068 Derby, IA is quite affordable. According to BestPlaces's Cost of Living Index, the average cost of living in this area is 8% lower than the national average. This means that goods and services are much more reasonably priced than other parts of the country. The median home price in 50068 Derby is around $135,000, which is very reasonable for a 3-bedroom home. Additionally, utilities such as electricity and gas are also quite affordable compared to similar areas. All in all, living in 50068 Derby is an excellent choice for anyone looking for a place to live that won't break their budget.