Housing costs in Shelby?
A typical home costs
$203,300, which is 39.9% less expensive than the national average of
$338,100 and 4.3% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Shelby costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 8.1% cheaper than the state average of
$930.
Can I afford Shelby?
To live comfortably in Shelby (zip 51570), Iowa, a minimum annual income of
$38,880 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Shelby?
51570 Shelby, IA is known for its affordability when it comes to the cost of living. The overall cost of living index in Shelby is estimated at 84.3, well below the national average of 100. Housing costs are particularly low, with a median home price of only $80,000 and monthly rental prices averaging around $600 for a one-bedroom apartment. Groceries also tend to be affordable, with most food items costing less than they do in other cities across the country. Additionally, utilities tend to be reasonably priced, making 51570 Shelby an ideal place for those looking for a relatively low cost of living without sacrificing quality or lifestyle.