Cost of Living in Ida grove, IA
Housing
The housing market plays a significant role in determining the cost of living in Ida grove, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $101,000
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
Considering a move to Ida grove, IA? The current housing index suggests a stagnant market at 94.2. With a median home price of 101000 manageable for many buyers, this could represent a unique opportunity. However, it's essential to note that both the average rent for a 2-bedroom apartment is 1132, and the average rent for a 2-bedroom house is 1230 indicating weak rental dynamics. Without more favorable rent prices, home purchase might be a preferable option. Conduct further research to ensure alignment with your long-term living goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ida grove, 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 Ida grove, 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 Ida grove is a financially viable option for your relocation.