Housing costs in Grand Junction?
A typical home costs
$83,000, which is 75.5% less expensive than the national average of
$338,100 and 57.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Grand Junction costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 4.5% cheaper than the state average of
$930.
Can I afford Grand Junction?
To live comfortably in Grand Junction (zip 50107), Iowa, a minimum annual income of
$15,840 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Grand Junction?
The cost of living in 50107 Grand Junction, IA is relatively affordable compared to the national average. The median home costs around $78,000, which is much lower than the national median of $231,200. Additionally, food prices are low and monthly utilities like electricity and water bills are quite reasonable. The median household income is also on the lower end at approximately $31,800 a year, however this serves to keep overall living costs low in the area. Although there may be a few more expensive items such as gasoline and car insurance premiums that have to be taken into consideration when budgeting for life in this area, all in all it is much less expensive than many other places in the U.S.