Cost of Living in Walcott, IA
Housing
The housing market plays a significant role in determining the cost of living in Walcott, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $215,000
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
When considering a move to Walcott, IA, it's important to note that the median home price is relatively affordable at 215000. However, the housing index indicates preliminary or under-reported data with a score of 94.2. This lack of information could suggest local rental markets are not yet established well, as reflected in the zero values for average rents of 2-bedroom apartments and houses. Investing in a home could be feasible, but it's essential to seek further insights on the rental market trends and potentially consider other affordability factors surrounding living in Walcott.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Walcott, 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 Walcott, 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 Walcott is a financially viable option for your relocation.