Housing costs in Lake Park?
A typical home costs
$198,900, which is 41.2% less expensive than the national average of
$338,100 and 2.1% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Lake Park costs
$950 per month, which is 2.2% more than the national average of
$930 and close to the state average of
$950.
Can I afford Lake Park?
To live comfortably in Lake Park (zip 51347), Iowa, a minimum annual income of
$38,160 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Lake Park?
The cost of living in 51347 Lake Park, IA is very affordable. The area features low housing costs, with the median family home costing just $154,000. Additionally, the average cost of a three-bedroom apartment is an affordable $740 per month. In terms of groceries and other necessities, prices are also quite reasonable compared to other areas in the state. Overall, this makes 51347 Lake Park an excellent option for those looking for a low cost of living.