Housing costs in Traer?
A typical home costs
$147,100, which is 56.5% less expensive than the national average of
$338,100 and 24.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Traer costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 9.7% more than the state average of
$930.
Can I afford Traer?
To live comfortably in Traer (zip 50675), Iowa, a minimum annual income of
$28,080 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Traer?
The cost of living in 50675 Traer, IA is relatively low compared to larger cities like Chicago or New York. The average home price in the area is just over $145,000 with monthly rent averaging at around $750. Utility costs are also very reasonable with monthly electric bills of about $117 and natural gas bills ranging from $45-90 depending on usage. Groceries, healthcare, and transportation costs are all competitively priced and overall help make living in this small community a great value for its residents.