Housing costs in Toronto?
A typical home costs
$85,400, which is 74.7% less expensive than the national average of
$338,100 and 56.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Toronto costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 9.4% cheaper than the state average of
$930.
Can I afford Toronto?
To live comfortably in Toronto, Iowa, a minimum annual income of
$16,200 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Toronto?
The cost of living in Toronto, IA is quite reasonable. The median home price is around $100,000, making it an affordable place to live and own a home. Renting a one-bedroom apartment usually costs around $500 per month, with two-bedroom apartments being slightly more expensive at around $650 per month. Other expenses such as food, transportation and utilities are also quite reasonable, with most households spending under $250 per month on these items. Overall, Toronto offers residents a comfortable lifestyle without requiring them to break the bank.