Cost of Living in Beacon, IA
Housing
The housing market plays a significant role in determining the cost of living in Beacon, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $153,000
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
Considering a move to Beacon, IA? With a median home price of 153000, the housing market appears affordable compared to larger metropolitan areas. However, the absence of data on housing index and average rent for a 2BR apartment or house suggests a lack of rental options or a stable ownership trend in the area. Ensure to explore local employment rates and community amenities to better inform your decision. Overall, Beacon may present a unique opportunity for home buyers seeking budget-friendly living.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Beacon, 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 Beacon, 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 Beacon is a financially viable option for your relocation.