Cost of Living in West branch, IA
Housing
The housing market plays a significant role in determining the cost of living in West branch, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $238,000
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
Considering your data for West branch, IA, a housing index of 94.2 and a median home price of 238000 suggests an affordable market for potential buyers. However, the average rent for both a 2-bedroom apartment at 1132 and a 2-bedroom house at 1230 are missing, which are crucial for comprehensive affordability analysis. With a median price like $238,000, the area might present a good opportunity for investment or homeownership. Keep in mind the current real estate trends and local amenities, as those can significantly enhance quality of life.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in West branch, 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 West branch, 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 West branch is a financially viable option for your relocation.