Cost of Living in De witt, IA
Housing
The housing market plays a significant role in determining the cost of living in De witt, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
Considering a move to De witt, IA? The local housing index is currently at 94.2, which indicates an extremely favorable market for buyers. With a median home price of 200000, purchasing a home in this area could be an excellent investment. However, it’s noteworthy that the average rent for both a 2-bedroom apartment and a 2-bedroom house stands at 1132 and 1230, respectively. This limited rental information suggests that it could be more beneficial to buy, particularly for families and long-term residents.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in De witt, 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 De witt, 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 De witt is a financially viable option for your relocation.