Housing costs in Ferguson?
A typical home costs
$63,600, which is 81.2% less expensive than the national average of
$338,100 and 67.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Ferguson costs
$740 per month, which is 20.4% cheaper than the national average of
$930 and 13.5% cheaper than the state average of
$840.
Can I afford Ferguson?
To live comfortably in Ferguson (zip 50078), Iowa, a minimum annual income of
$12,240 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Ferguson?
The cost of living in 50078 Ferguson, IA is generally affordable. The median household income in the area is $45,154 and the median home value is $77,000. Prices for basic goods and services are relatively low compared to other parts of Iowa. Utilities are reasonable, with average electric bills sitting around $90 per month. Property taxes are also relatively low at 1%, which helps keep housing costs down. On average, groceries cost about 10% less than the national average in this area. Grocery stores and restaurants tend to be reasonably priced as well. Overall, Ferguson offers an affordable place to live with a safe and family-friendly environment.