Housing costs in Russell?
A typical home costs
$139,400, which is 58.8% less expensive than the national average of
$338,100 and 28.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Russell 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 Russell?
To live comfortably in Russell (zip 50238), Iowa, a minimum annual income of
$26,640 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Russell?
The cost of living in 50238 Russell, IA is incredibly affordable. The median household income is relatively low compared to other parts of the country, but the low cost of housing and other expenses more than makes up for it. Housing costs are some of the most affordable in the state with a median home value of just $118,000. Utility bills are also quite reasonable due to the area's abundance of natural resources like wind power. Other basic necessities such as groceries and clothing can be found at very affordable prices with no shortage of local stores to choose from. In all, living in 50238 Russell, IA provides an excellent quality of life for residents without breaking their budgets.