Cost of Living in Rockwell, IA
Housing
The housing market plays a significant role in determining the cost of living in Rockwell, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $148,000
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
In evaluating the housing market in Rockwell, IA, the current statistics indicate a housing index of 94.2. The median home price stands at an attractive 148000, making homeownership more accessible. However, it’s worth noting the absence of rental data; both the average rent for a 2-bedroom apartment and a house are reported as 1132 and 1230, indicating potential temporary market instability or limited availability. This could be a significant opportunity for buyers seeking affordable options in a possibly evolving market. Consider keeping a close eye on these trends.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rockwell, 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 Rockwell, 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 Rockwell is a financially viable option for your relocation.