Housing costs in Indianola?
A typical home costs
$263,800, which is 22.0% less expensive than the national average of
$338,100 and 35.4% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Indianola costs
$950 per month, which is 2.2% more than the national average of
$930 and 11.6% cheaper than the state average of
$1,060.
Can I afford Indianola?
To live comfortably in Indianola (zip 50125), Iowa, a minimum annual income of
$50,400 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Indianola?
The cost of living in 50125 Indianola, IA is quite affordable for most people. According to an index calculated by BestPlaces.net, the cost of living index in 50125 Indianola, IA is 78.5, which is lower than the national average of 100. Housing costs tend to be the most expensive aspect of living in this area, with median home prices sitting at about $193,000 USD and monthly rent averaging around $800 USD per month. However, other expenses such as groceries and utilities are significantly cheaper than the national averages. Overall, 50125 Indianola, IA provides a good balance between quality of life and affordability for its residents.