Housing costs in Rake?
A typical home costs
$43,800, which is 87.0% less expensive than the national average of
$338,100 and 77.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Rake costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$930.
Can I afford Rake?
To live comfortably in Rake (zip 50465), Iowa, a minimum annual income of
$8,280 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Rake?
The cost of living in 50465 Rake, IA is relatively low compared to the rest of the United States. The median home value is $87,000, which is significantly lower than the national average. The median household income is also slightly lower than the national average, coming in at around $45,000. Prices for everyday items such as groceries and gas are also lower than many other parts of the country. Overall, this makes 50465 Rake a great place to live on a budget.