Housing costs in Montrose?
A typical home costs
$152,200, which is 55.0% less expensive than the national average of
$338,100 and 21.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Montrose costs
$850 per month, which is 8.6% cheaper than the national average of
$930 and 5.9% more than the state average of
$800.
Can I afford Montrose?
To live comfortably in Montrose (zip 52639), Iowa, a minimum annual income of
$29,160 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Montrose?
52639 Montrose, IA has a relatively low cost of living compared to the national average. The median home price in Montrose is $86,700 which is significantly lower than the national median of $181,200. In addition, the cost of groceries and healthcare are 12% and 13% respectively below the national average. Utility costs are also generally cheaper in Montrose with electricity costing an average of 10.32 cents per kWh, which is cheaper than the national average of 13.19 cents per kWh. Overall, living in 52639 Montrose, IA offers its residents a reasonable cost of living without sacrificing quality or access to amenities.