Housing costs in Thornton?
A typical home costs
$109,900, which is 67.5% less expensive than the national average of
$338,100 and 43.6% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Thornton costs
$860 per month, which is 7.5% cheaper than the national average of
$930 and 3.5% more than the state average of
$830.
Can I afford Thornton?
To live comfortably in Thornton (zip 50479), Iowa, a minimum annual income of
$20,880 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Thornton?
The cost of living in 50479 Thornton, IA is quite affordable compared to other parts of the country. The median home value in the area is $104,800, which is significantly lower than the national median of $184,700. Renters can also enjoy low costs as well, with the median rent price in Thornton being only $781 per month—well below the national average of $949 per month. Utilities are also fairly inexpensive for those residing in 50479 Thornton, IA; the average monthly cost for gas and electricity combined is estimated to be about $127. Finally, food and other essential items are easy to come by at a reasonable price due to a large selection of grocery stores throughout town. All in all, 50479 Thornton, IA offers an attractive cost of living that can be enjoyed by both homeowners and renters alike.