Housing costs in Ottosen?
A typical home costs
$183,200, which is 45.8% less expensive than the national average of
$338,100 and 6.0% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Ottosen costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 13.4% cheaper than the state average of
$930.
Can I afford Ottosen?
To live comfortably in Ottosen (zip 50570), Iowa, a minimum annual income of
$35,280 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Ottosen?
The cost of living in 50570 Ottosen, IA is quite affordable. The housing index in the area is around 77 (100 being the national average), which means that housing prices are much lower than the national average. The median home value in Ottosen is $77,400, which is significantly lower than the state's median home value of $153,000. Groceries and transportation costs are also on the low end compared to other areas in Iowa. Overall, 50570 Ottosen is an inexpensive place to live with plenty of options for budget-friendly shopping and activities.