Housing costs in Edgewood?
A typical home costs
$137,100, which is 59.4% less expensive than the national average of
$338,100 and 29.7% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Edgewood costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 5.7% cheaper than the state average of
$930.
Can I afford Edgewood?
To live comfortably in Edgewood, Iowa, a minimum annual income of
$26,280 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Edgewood?
Edgewood, IA is known for its low cost of living. The median home price in Edgewood is $90,800, which is much lower than the national median home price of $231,200. Additionally, Edgewood's median household income of $50,274 is slightly below the national median of $61,937. Other expenses such as groceries and transportation are also relatively inexpensive in Edgewood compared to other places in the US. This makes it an attractive option for anyone looking to live comfortably on a budget.