Housing costs in Lake View?
A typical home costs
$190,300, which is 43.7% less expensive than the national average of
$338,100 and 2.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Lake View costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 20.8% cheaper than the state average of
$930.
Can I afford Lake View?
To live comfortably in Lake View (zip 51450), Iowa, a minimum annual income of
$36,360 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Lake View?
The cost of living in 51450 Lake View, IA is relatively low compared to many other cities across the nation. The median home value in this area is $98,700 and the median household income is $51,824. This means that, even with the low cost of living, individuals and families can still enjoy a comfortable lifestyle. Additionally, there is no state income tax, which further lowers the overall cost of living. Groceries are slightly higher than average, but residents can save money on housing costs due to a large number of rental properties available throughout the city.