Cost of Living in Sheldon, IA
Housing
The housing market plays a significant role in determining the cost of living in Sheldon, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $174,000
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
If you're considering relocating to Sheldon, IA, the housing market presents some enticing options. With a housing index of 94.2, it is more affordable than the national average. The median home price is quite reasonable at 174000, ensuring a solid investment potential. Renters will find competitive rates, with the average rent for a 2-bedroom apartment at 1132 and for a 2-bedroom house at 1230. This blend of affordability and options makes Sheldon ideal for families and professionals alike, creating a thriving community atmosphere.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sheldon, 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 Sheldon, 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 Sheldon is a financially viable option for your relocation.