Cost of Living in Maynard, IA
Housing
The housing market plays a significant role in determining the cost of living in Maynard, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
The data shows that in Maynard, IA, the housing index is surprisingly low at 94.2. Moreover, with a median home price of 0, it suggests an affordable market, especially if not one property is priced. Additionally, the average rents for both a 2BR apartment (1132) and a 2BR house (1230) indicate no current rental activity. This could signal a unique opportunity for buyers looking to invest or for tenants seeking more options. Always keep in mind the local real estate trends and economic factors before making definitive decisions.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Maynard, 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 Maynard, 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 Maynard is a financially viable option for your relocation.