Cost of Living in Marathon, IA
Housing
The housing market plays a significant role in determining the cost of living in Marathon, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $139,000
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
Moving to Marathon, IA, indicates an intriguing opportunity, especially with a median home price of 139000. A housing index of 94.2 suggests affordability for potential homebuyers, but be cautious as it could signal low demand or market stagnation. Although rental prices are not available—1132 for an apartment and 1230 for a house—it's essential to research additional factors such as employment opportunities and community amenities. Overall, it’s a promising possibility for budget-minded buyers, but researching broader market trends will be key in decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Marathon, 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 Marathon, 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 Marathon is a financially viable option for your relocation.