Housing costs in Smithland?
A typical home costs
$129,900, which is 61.6% less expensive than the national average of
$338,100 and 33.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Smithland costs
$860 per month, which is 7.5% cheaper than the national average of
$930 and 8.1% cheaper than the state average of
$930.
Can I afford Smithland?
To live comfortably in Smithland (zip 51056), Iowa, a minimum annual income of
$24,840 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Smithland?
The cost of living in 51056 Smithland, IA is fairly reasonable. Groceries and other necessities tend to cost about the same or slightly less than the US average, and housing expenses are much lower compared to other parts of the country. The median home value in Smithland is just under $120,000, making it an affordable option for those looking for a place to settle down. Furthermore, property tax rates are some of the lowest in the state, allowing residents here to enjoy more of their income without having to worry about high tax bills.