Cost of Living in Avoca, IA
Housing
The housing market plays a significant role in determining the cost of living in Avoca, IA.
- Housing Index: Data is updating
- Median Home Price is: $180,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the data for Avoca, IA, the housing index currently stands at 0.0, indicating a potential softening in the market. The median home price of 180000 suggests affordable access for homebuyers. However, the absence of rental data, with average rents for 2BR apartments and houses reported as 0.0 and 0.0, respectively, raises questions about the rental market dynamics. Prospective residents should consider evaluating other nearby areas and rental value trends before making any decisions. Transitioning to homeownership might be an attractive and financially feasible option in this region.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Avoca, IA.
- Electricity Price: $14.82 USD (median by state)
- Natural Gas Price: $15.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Avoca, IA could entail higher utility costs. Electricity costs sit at $14.82, while natural gas is priced at $15.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Avoca is a financially viable option for your relocation.