Housing costs in Mount Ayr?
A typical home costs
$101,200, which is 70.1% less expensive than the national average of
$338,100 and 48.1% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Mount Ayr costs
$690 per month, which is 51.7% cheaper than the national average of
$1,430 and 34.8% cheaper than the state average of
$930.
Can I afford Mount Ayr?
To live comfortably in Mount Ayr, Iowa, a minimum annual income of
$19,440 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Mount Ayr?
The cost of living in Mount Ayr, IA is significantly lower than the national average. The median home value in Mount Ayr is around $79,300, which is much lower than the national average of $184,700. Additionally, the cost of living index for Mount Ayr is 79.2 compared to the US average of 100. This means that overall, it costs about 20% less to live in Mount Ayr than it does to live in other parts of the country. Food and health care costs are particularly low when compared with other cities, meaning that families can stretch their budgets further in this small town.