Housing costs in Clare?
A typical home costs
$191,400, which is 43.4% less expensive than the national average of
$338,100 and 1.8% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Clare costs
$680 per month, which is 26.9% cheaper than the national average of
$930 and 17.6% cheaper than the state average of
$800.
Can I afford Clare?
To live comfortably in Clare (zip 50524), Iowa, a minimum annual income of
$36,720 for a family, and
$20,400 for a single person is recommended.
What does A.I. say about Clare?
The cost of living in 50524 Clare, IA is relatively low. The median home value in the area is $77,000, and the median household income is around $44,000. Housing costs are quite reasonable with the median rent at $625 per month. Compared to other areas of the country, this is significantly lower than the national average of $933 per month. In addition to low housing costs, residents also enjoy a variety of affordable dining options and grocery stores with prices much lower than most cities in the United States. All these factors combined make 50524 Clare, IA an excellent place to live if you're trying to maximize your budget.