Housing costs in Prescott?
A typical home costs
$135,800, which is 59.8% less expensive than the national average of
$338,100 and 30.3% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Prescott costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 6.9% cheaper than the state average of
$930.
Can I afford Prescott?
To live comfortably in Prescott (zip 50859), Iowa, a minimum annual income of
$25,920 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Prescott?
The cost of living in 50859 Prescott, IA is relatively low compared to other US cities. According to BestPlaces, the average cost of housing in Prescott is around $688 per month for a one-bedroom apartment, which is significantly lower than the national average of $1,208. Other necessary expenses such as food and transportation also tend to be cheaper in Prescott than other parts of the country. The median household income for Prescott residents is around $52,281, slightly lower than the national average of $57,652; however, that income goes much further in Prescott due to the low cost of living. Overall, those looking for an affordable place to live should seriously consider making Prescott their home.