Housing costs in Sheffield?
A typical home costs
$137,200, which is 59.4% less expensive than the national average of
$338,100 and 29.6% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Sheffield costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 17.7% cheaper than the state average of
$930.
Can I afford Sheffield?
To live comfortably in Sheffield (zip 50475), Iowa, a minimum annual income of
$26,280 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Sheffield?
The cost of living in 50475 Sheffield, IA is relatively affordable compared to other areas. The housing market is especially affordable with a median home value of $81,800, and the median rent being only $510 per month. Utilities such as electricity, heating, and water are also quite reasonable with an average monthly bill of around $125. Additionally, food costs are low in Sheffield with the grocery store prices being 8-10% lower than the national average. With all these factors combined, Sheffield provides an attractive and reasonably priced option for those looking to live in Iowa.