Housing costs in Gibson?
A typical home costs
$90,500, which is 73.2% less expensive than the national average of
$338,100 and 53.6% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Gibson costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 27.4% cheaper than the state average of
$930.
Can I afford Gibson?
To live comfortably in Gibson (zip 50104), Iowa, a minimum annual income of
$17,280 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Gibson?
The cost of living in 50104 Gibson, IA is very reasonable. The median home value is $74,900, well below the national average of $188,400. The median household income is $40,845, slightly lower than the national average of $55,322. Utility costs in Gibson are affordable as well, and you can expect to pay an average of just $117 per month for electricity and natural gas. Sales tax is also relatively low at 6%. While groceries may be slightly pricier than other cities due to its rural location, overall the cost of living in 50104 Gibson is extremely reasonable and a great option for those looking for an affordable place to settle down.