Housing costs in Cambridge?
A typical home costs
$245,000, which is 27.5% less expensive than the national average of
$338,100 and 25.7% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Cambridge costs
$1,020 per month, which is 9.7% more than the national average of
$930 and 5.9% more than the state average of
$960.
Can I afford Cambridge?
To live comfortably in Cambridge (zip 50046), Iowa, a minimum annual income of
$46,800 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Cambridge?
The cost of living in 50046 Cambridge, IA is slightly lower than the national average. According to the latest data from BestPlaces, a basket of goods and services costs about 11.50% less in this area compared to the national average. Housing expenses are also relatively low; according to Zillow, the median home value in Cambridge is $179,900 which is 7.6% below the Iowa state average. Transportation and utilities are also considered affordable when compared to other parts of the country; gas prices are 4.8% below the national average and monthly utility bills typically range between $152-$190 depending on usage. Overall, living in 50046 Cambridge can be an economical choice for many people looking for a place to call home.