Cost of Living in Dumont, IA
Housing
The housing market plays a significant role in determining the cost of living in Dumont, IA.
- Housing Index: Data is updating
- Median Home Price is: $129,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In Dumont, IA, the housing index stands at a low 0.0, indicative of an extremely affordable market compared to national averages. The median home price at 129000 is a noteworthy entry point for potential homebuyers, especially for first-time buyers seeking affordability. However, with average rents for 2-bedroom apartments and houses currently not available (0.0 and 0.0), those interested in rental options may want to explore additional data. The low housing index could signal opportunities for growth, making Dumont an attractive option for investment or relocation. Consider these aspects when making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Dumont, 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 Dumont, 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 Dumont is a financially viable option for your relocation.