Housing costs in Iowa City?
A typical home costs
$284,100, which is 16.0% less expensive than the national average of
$338,100 and 45.8% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Iowa City costs
$1,130 per month, which is 21.5% more than the national average of
$930 and 2.7% more than the state average of
$1,100.
Can I afford Iowa City?
To live comfortably in Iowa City (zip 52246), Iowa, a minimum annual income of
$54,360 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Iowa City?
The cost of living in 52246 Iowa City, IA is quite reasonable. The median home price is around $200,000 and the median household income is around $59,000. Renters can expect to pay an average of $962 for a one-bedroom apartment, and groceries and other necessities are generally affordable as well. Those looking to purchase a car should expect to spend about $20,000 on a new vehicle. With its low taxes and reasonable cost of living, Iowa City is an attractive place for both homeowners and renters alike.