Housing costs in Hamburg?
A typical home costs
$106,800, which is 68.4% less expensive than the national average of
$338,100 and 45.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Hamburg costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 32.9% cheaper than the state average of
$930.
Can I afford Hamburg?
To live comfortably in Hamburg (zip 51640), Iowa, a minimum annual income of
$20,520 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Hamburg?
The cost of living in 51640 Hamburg, IA is relatively low compared to the national average. The median home value is $80,800 and the median rent is $519 per month. The food costs are lower than the U.S. average, as well as the transportation costs. Utility bills are also generally cheaper than the U.S. average, with electricity being about one-fifth of the national average. Property taxes in Hamburg are also quite low, making it an attractive place for those looking to live affordably and enjoy a good quality of life in a peaceful rural setting.