Housing costs in Farnhamville?
A typical home costs
$91,500, which is 72.9% less expensive than the national average of
$338,100 and 53.1% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Farnhamville costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 31.0% cheaper than the state average of
$930.
Can I afford Farnhamville?
To live comfortably in Farnhamville (zip 50538), Iowa, a minimum annual income of
$17,640 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Farnhamville?
The cost of living in 50538 Farnhamville, IA is fairly low. According to the BestPlaces Bureau, the median household income for the area is $50,077 and the median home value is $96,500. This makes it an affordable place to live as both home values and rents are relatively inexpensive compared to other areas with similar incomes. Additionally, basic necessities such as groceries and utilities tend to be cheaper than those in larger cities or more developed regions. All in all, Farnhamville is a great place to live if you’re looking for an affordable cost of living without sacrificing quality of life.