Housing costs in Thompson?
A typical home costs
$106,400, which is 68.5% less expensive than the national average of
$338,100 and 45.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Thompson 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 Thompson?
To live comfortably in Thompson (zip 50478), Iowa, a minimum annual income of
$20,520 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Thompson?
The cost of living in 50478 Thompson, IA is relatively affordable. According to bestplaces.net, the cost of living index for this zip code is 86.2 which is 14.8% lower than the U.S average. This makes it a great place for families or individuals looking to save money on essential items such as housing, food and other necessities. The median home value here is about $145,000 which is lower than nearby towns in the area, making it a great bargain for those looking to buy their first home or upgrade from an existing one. Additionally, the overall cost of groceries and healthcare are both below the national average, offering additional savings on everyday necessities.