Cost of Living in Ute, IA
Housing
The housing market plays a significant role in determining the cost of living in Ute, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $206,000
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
In analyzing the current housing landscape of Ute, IA, we observe a housing index of 94.2, indicating no significant fluctuation in the market. The median home price stands at 206000, suggesting relatively affordable entry costs for prospective buyers. However, with both average rent for a 2-bedroom apartment at 1132 and a house at 1230 recorded as zero, it raises questions regarding rental availability. Those pondering relocation should closely examine the overall market dynamics and potential growth in the area. Consider local employment opportunities and community amenities as well.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ute, 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 Ute, 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 Ute is a financially viable option for your relocation.