Housing costs in Farmington?
A typical home costs
$95,600, which is 71.7% less expensive than the national average of
$338,100 and 50.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Farmington costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$930.
Can I afford Farmington?
To live comfortably in Farmington (zip 52626), Iowa, a minimum annual income of
$18,360 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Farmington?
The cost of living in 52626 Farmington, IA is relatively low compared to other areas. According to the United States Census Bureau, the median household income is $50,481 and the median home value is $86,183. This means that most people can afford to purchase a home without having to worry about breaking their budget. The cost of groceries, utilities, healthcare and transportation are all at or below national averages. With such a low cost of living, 52626 Farmington, IA provides its residents with an affordable place to live while still providing access to the amenities they need.