Housing costs in Newell?
A typical home costs
$136,200, which is 59.7% less expensive than the national average of
$338,100 and 30.1% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Newell costs
$780 per month, which is 16.1% cheaper than the national average of
$930 and 3.8% cheaper than the state average of
$810.
Can I afford Newell?
To live comfortably in Newell (zip 50568), Iowa, a minimum annual income of
$25,920 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Newell?
The cost of living in 50568 Newell, IA is relatively low compared to other areas of the country. According to data from Sperling's 黑料社区, overall the cost of living index is 79, which is about 20 points lower than the national average. Housing costs are particularly low with a median home cost of $105,100 and rents averaging at $760 per month for a one-bedroom apartment. Other expenses such as food, transportation, and utilities are also generally less expensive than other areas across the country. This makes it an ideal place for those looking for a more affordable lifestyle without sacrificing quality of life.