Housing costs in Ottumwa?
A typical home costs
$95,500, which is 71.8% less expensive than the national average of
$338,100 and 51.0% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Ottumwa costs
$810 per month, which is 12.9% cheaper than the national average of
$930 and 9.9% cheaper than the state average of
$890.
Can I afford Ottumwa?
To live comfortably in Ottumwa (zip 52501), Iowa, a minimum annual income of
$18,360 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Ottumwa?
The cost of living in Ottumwa, IA (zip code 52501) is relatively low compared to many other areas in the region. According to Sperling's Best Places, the cost of living index for this zip code is 81, which is 19% lower than the U.S. average. Housing costs are especially attractive, with median home prices around $90,000 and median rent at just under $600 a month. Utilities are also more affordable than average with electricity rates 6% lower than the national average and natural gas rates 12% lower. Groceries and health care are generally more affordable as well in Ottumwa compared to other places in Iowa.