Housing costs in Essex?
A typical home costs
$123,300, which is 63.5% less expensive than the national average of
$338,100 and 36.7% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Essex costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 17.7% cheaper than the state average of
$930.
Can I afford Essex?
To live comfortably in Essex (zip 51638), Iowa, a minimum annual income of
$23,760 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Essex?
Living in 51638 Essex, IA is relatively affordable. The cost of living index is around 85, which is 15% lower than the national average. Housing costs are particularly low with the median home value being $90,300 and median rent being $657 per month. Utilities for an average household are also below the national average at $150 per month compared to a national average of $176. Additionally, goods and services in the area tend to be priced lower than most other parts of the country. All in all, living in 51638 Essex, IA is an affordable option for those looking for a quality place to call home.