Housing costs in Lovilia?
A typical home costs
$125,600, which is 62.9% less expensive than the national average of
$338,100 and 35.6% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Lovilia costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 12.0% cheaper than the state average of
$930.
Can I afford Lovilia?
To live comfortably in Lovilia (zip 50150), Iowa, a minimum annual income of
$24,120 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Lovilia?
The cost of living in 50150 Lovilia, IA is generally quite affordable. The median home cost in the area is just under $100,000, which is significantly lower than many other states and cities in the country. Additionally, the average cost of goods and services is 6% below the national average. This means that everyday necessities like groceries and rent are much more affordable than what one might find in other parts of the US. Furthermore, there are no state income taxes which helps to keep more money in residents' pockets each month. All-in-all 50150 Lovilia, IA provides a great value for those looking to purchase a home or relocate somewhere that is both beautiful and relatively inexpensive.