Cost of Living in Greenfield, IA
Housing
The housing market plays a significant role in determining the cost of living in Greenfield, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $172,500
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
Considering a move to Greenfield, IA? The housing index stands at 94.2, indicating affordability in the market. With a median home price of 172500 and average rent for a 2-bedroom apartment around 1132, renting or buying here may be within reach for many. Interestingly, the average rent for a 2-bedroom house is roughly 1230, suggesting that homes may offer more spacious living for just slightly more rental cost. Overall, this area appears to be a promising option for budget-conscious individuals and families looking for comfortable living.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Greenfield, 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 Greenfield, 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 Greenfield is a financially viable option for your relocation.