Housing costs in Eldora?
A typical home costs
$100,900, which is 70.2% less expensive than the national average of
$338,100 and 48.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Eldora costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 12.0% cheaper than the state average of
$930.
Can I afford Eldora?
To live comfortably in Eldora (zip 50627), Iowa, a minimum annual income of
$19,440 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Eldora?
The cost of living in 50627 Eldora, IA is relatively low compared to other areas of the country. The median home price in the area is $111,700, which is significantly lower than the national median home price of $235,000. Additionally, the average rent in the area is around $495 per month. This makes it an affordable place for people looking to buy or rent a home. Utility costs are also quite low - electricity averages around 10 cents per kilowatt hour and natural gas prices tend to be on the lower side as well. Overall, Eldora has a very reasonable cost of living that allows families and individuals to enjoy a good quality of life without breaking the bank.