Housing costs in Edgewood?
A typical home costs
$187,400, which is 44.6% less expensive than the national average of
$338,100 and 3.8% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Edgewood costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 6.9% cheaper than the state average of
$930.
Can I afford Edgewood?
To live comfortably in Edgewood (zip 52042), Iowa, a minimum annual income of
$36,000 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Edgewood?
Living in 52042 Edgewood, IA has its advantages. The cost of living is well below the national average according to Best Places. Housing costs are significantly lower than the national average, with the median home value coming in at $83,000 which is about 40% of the national median. Transportation costs are also lower than average due to the close proximity to cities and towns that offer necessary services without having to drive too far or spend money on fuel. Groceries and other essentials are also relatively affordable when compared to other areas in the U.S., making it a great place for those looking for an affordable place to live.