Housing costs in Greenfield?
A typical home costs
$129,200, which is 61.8% less expensive than the national average of
$338,100 and 33.7% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Greenfield costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 16.3% cheaper than the state average of
$930.
Can I afford Greenfield?
To live comfortably in Greenfield (zip 50849), Iowa, a minimum annual income of
$24,840 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Greenfield?
The cost of living in 50849 Greenfield, IA is relatively affordable compared to other parts of the country. The median home value is $87,200 USD, which is significantly lower than the national median home price of $178,600 USD. Similarly, the median household income is $41,097 USD per year which is lower than the U.S. average of $60,293USD per year. Despite slightly lower wages and housing prices in Greenfield, residents benefit from low transportation costs with an average commute time of only 14 minutes and inexpensive utilities including electricity at 11 cents per kWh and natural gas at 1.11 cents per therm. All these factors combine to create a cost-effective living environment for those living in 50849 Greenfield, Iowa.