Cost of Living in Charles city, IA
Housing
The housing market plays a significant role in determining the cost of living in Charles city, IA.
- Housing Index: 90.0 / 100
- Median Home Price is: $145,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1200 per month
Considering a move to Charles city, IA? With a housing index of 90.0, the area demonstrates a cost of living that is slightly below the national average. The median home price of 145000 is very affordable compared to many urban markets, making home ownership attainable. You will also find competitive rental prices for a 2-bedroom apartment and house, both at 1200. This balance between reasonable home pricing and rental options may signal a transitioning or stable market, making it an appealing choice for potential residents.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Charles city, 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.): $200 per month
Living in Charles city, 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 $200 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 Charles city is a financially viable option for your relocation.