Housing costs in Armstrong?
A typical home costs
$122,400, which is 63.8% less expensive than the national average of
$338,100 and 37.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Armstrong costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 19.2% cheaper than the state average of
$930.
Can I afford Armstrong?
To live comfortably in Armstrong, Iowa, a minimum annual income of
$23,400 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Armstrong?
The cost of living in Armstrong, IA is relatively low compared to other places in the country. The median household income is $40,079 and the median home value is around $69,900. This makes it an affordable option for many families who want to live in a small rural community. In addition, property taxes are very low and there are few additional costs associated with living here. Utilities are also lower than average for the area and the cost of living index is much lower than most other areas of the U.S., making it an attractive option for people looking to relocate or purchase a new home.