Housing costs in Palmer?
A typical home costs
$100,300, which is 70.3% less expensive than the national average of
$338,100 and 48.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Palmer costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 14.8% cheaper than the state average of
$930.
Can I afford Palmer?
To live comfortably in Palmer (zip 50571), Iowa, a minimum annual income of
$19,080 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Palmer?
The cost of living in 50571 Palmer, IA is quite affordable. Goods and services are generally priced lower than the national average, making it an ideal place for those looking to keep their expenses low. Housing prices in particular are incredibly reasonable and rent is typically much lower than larger cities throughout the state. Other expenses such as food and transportation are also relatively low compared to other areas. All this makes 50571 Palmer, IA a great place to live and work while keeping your budget in check.