Housing costs in Iowa Falls?
A typical home costs
$131,300, which is 61.2% less expensive than the national average of
$338,100 and 32.6% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Iowa Falls costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 17.7% cheaper than the state average of
$930.
Can I afford Iowa Falls?
To live comfortably in Iowa Falls (zip 50126), Iowa, a minimum annual income of
$25,200 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Iowa Falls?
The cost of living in 50126 Iowa Falls, IA is quite affordable compared to the average cost of living across the United States. The housing costs are some of the lowest in the country with a median home value of $73,500 and a median rent of $614 per month. Utilities are also significantly lower than the national average, with electricity costing only 9.23 cents per kWh and natural gas at only $2.27 per therm. Groceries here are also quite affordable, with an overall grocery index that is 4% lower than the national average. This makes it easier for residents to have a comfortable life and enjoy everything that this pleasant small city has to offer without breaking the bank.