Housing costs in Scranton?
A typical home costs
$127,600, which is 62.3% less expensive than the national average of
$338,100 and 34.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Scranton costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 22.4% cheaper than the state average of
$930.
Can I afford Scranton?
To live comfortably in Scranton, Iowa, a minimum annual income of
$24,480 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Scranton?
The cost of living in Scranton, IA is relatively low compared to many other cities and towns of similar size. According to BestPlaces's cost of living index, the city has a score of 75.2 out of 100, which indicates that it is about 25% cheaper than the average American city. Housing costs are especially low, with a median home price of only $110,100 and average rent for a one-bedroom apartment costing just $463 per month. Utilities costs also tend to be affordable, with electricity coming in at 10% below the national average. Overall, living in Scranton can provide great value without sacrificing quality of life or safety.