Housing costs in Paton?
A typical home costs
$131,800, which is 61.0% less expensive than the national average of
$338,100 and 32.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Paton costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 16.3% cheaper than the state average of
$930.
Can I afford Paton?
To live comfortably in Paton (zip 50217), Iowa, a minimum annual income of
$25,200 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Paton?
The cost of living in 50217 Paton, IA is relatively low compared to other American cities. The median home value is currently $79,900 and the median household income is just under $44,000 per year. Rent prices are also lower than the national average, with a one-bedroom apartment averaging around $600 per month. The local grocery store and restaurants offer competitive prices on their products and services, making it easy to stick to a budget. Property taxes are also slightly below the national average at around 1% of the assessed property value. Overall, the cost of living in Paton is affordable for those seeking a quality life without breaking the bank.