Housing costs in Sloan?
A typical home costs
$205,300, which is 39.3% less expensive than the national average of
$338,100 and 5.3% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Sloan costs
$910 per month, which is 2.2% cheaper than the national average of
$930 and 2.2% cheaper than the state average of
$930.
Can I afford Sloan?
To live comfortably in Sloan (zip 51055), Iowa, a minimum annual income of
$39,240 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Sloan?
The cost of living in 51055 Sloan, IA is relatively affordable. According to the Council for Community and Economic Research, the overall index score for this area is 80.7, which is 9.3% lower than the national average. This means that housing costs are particularly reasonable in this small Iowa town, with an average home value of just $87,900 and median monthly rent set at just $657. Additionally, groceries, utilities, transportation costs, healthcare expenses and other goods and services also tend to be below the national average. All together these make 51055 Sloan a great place to live on a budget.