Cost of Living in Agency, IA
Housing
The housing market plays a significant role in determining the cost of living in Agency, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $140,000
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
Based on the data for Agency, IA, the housing index stands at 94.2, highlighting affordability challenges. The median home price is relatively low at 140000, making purchasing options accessible. However, the average rents for both a 2-bedroom apartment and a 2-bedroom house reflect a concerning economy with values at 1132 and 1230 respectively. This situation might indicate limited rental opportunities and potential regional economic decline. It's essential to consider employment prospects and lifestyle factors in conjunction with the financial elements before making a decision to move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Agency, IA.
- Electricity Price: $14.82 USD (median by state)
- Natural Gas Price: $15.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $221 per month
Living in Agency, IA could entail higher utility costs. Electricity costs sit at $14.82, while natural gas is priced at $15.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $221 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Agency is a financially viable option for your relocation.