Housing costs in New Providence?
A typical home costs
$133,900, which is 60.4% less expensive than the national average of
$338,100 and 31.3% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in New Providence costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and close to the state average of
$930.
Can I afford New Providence?
To live comfortably in New Providence (zip 50206), Iowa, a minimum annual income of
$25,560 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about New Providence?
The cost of living in 50206 New Providence, IA is quite reasonable. The median home value in the area is around $67,100, nearly 10 percent below the national average. Renters can expect to pay a median monthly rate of about $636 for a one bedroom apartment. Utilities are also quite affordable with the average electric bill coming in at around $90 per month. The overall cost of living is 8 percent lower than the national average, making it a great place to live for those on a budget.