Housing costs in Wellman?
A typical home costs
$205,700, which is 39.2% less expensive than the national average of
$338,100 and 5.5% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Wellman costs
$1,090 per month, which is 17.2% more than the national average of
$930 and close to the state average of
$1,100.
Can I afford Wellman?
To live comfortably in Wellman (zip 52356), Iowa, a minimum annual income of
$39,240 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Wellman?
52356 Wellman, IA has a relatively low cost of living compared to other cities. According to BestPlaces, the city's cost of living index is 80 while the United States average is 100. This means that basic amenities like food and housing are 20% cheaper in Wellman than in other parts of the country. Additionally, housing prices in Wellman are very affordable, with median rental costs being about 10% below the national average. With its low cost of living, Wellman is an attractive option for those looking for an affordable place to live.