Housing costs in New Albin?
A typical home costs
$181,600, which is 46.3% less expensive than the national average of
$338,100 and 6.8% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in New Albin costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 19.2% cheaper than the state average of
$930.
Can I afford New Albin?
To live comfortably in New Albin (zip 52160), Iowa, a minimum annual income of
$34,920 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about New Albin?
The cost of living in 52160 New Albin, IA is very reasonable. The median home price is $105,900; significantly lower than the national average of $231,200. Residents also benefit from relatively low grocery prices and affordable health care costs. In addition, property taxes are 40% cheaper than the national average and the overall cost of living index score for New Albin, IA is 82. This indicates that the city's cost of living is 18% lower than the US average. Overall, there are many benefits to living in 52160 New Albin, IA due to its low cost of living.