Housing costs in Calumet?
A typical home costs
$80,000, which is 76.3% less expensive than the national average of
$338,100 and 59.0% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Calumet costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$930.
Can I afford Calumet?
To live comfortably in Calumet, Iowa, a minimum annual income of
$15,480 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Calumet?
The cost of living in Calumet, IA is relatively inexpensive compared to many other areas in the United States. According to data from BestPlaces, the cost of living index in Calumet is 87.6 which is 12.4% lower than the U.S. average of 100. Housing costs are especially low with a median home cost of $121,100 and median rent price of $719 per month. Groceries, healthcare and utilities are also very affordable in Calumet when compared to the rest of the nation. Overall, it's easy for residents to enjoy a good quality of life while keeping their expenses down in this small Iowa town.