Housing costs in Winthrop?
A typical home costs
$191,200, which is 43.4% less expensive than the national average of
$338,100 and 1.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Winthrop costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 9.4% cheaper than the state average of
$930.
Can I afford Winthrop?
To live comfortably in Winthrop (zip 50682), Iowa, a minimum annual income of
$36,720 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Winthrop?
The cost of living in 50682 Winthrop, IA is fairly low compared to the rest of the United States. The median home value in the area is $91,800, which is much lower than the national average of $184,700. Rent in Winthrop is similarly affordable, with a one-bedroom apartment costing an average of approximately $500 per month. Groceries and other necessities are also relatively inexpensive due to the lack of competition; however, there are few luxury items available for purchase in the area. Overall, Winthrop's cost of living provides residents with more bang for their buck than most other locations around the country.