Cost of Living in Farragut, IA
Housing
The housing market plays a significant role in determining the cost of living in Farragut, IA.
- Housing Index: Data is updating
- Median Home Price is: $106,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Farragut, IA? The housing index stands at 0.0, indicating minimal current activity in the market, which often presents a unique opportunity for buyers. With a median home price of 106000, purchasing a home in this area is fairly attainable compared to national averages. However, it's important to note the zero values for rent indicate a potential scarcity of rental units, possibly foreshadowing future growth. This could attract new investments, enhancing demand in the housing sector. Assess your long-term needs carefully before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Farragut, 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 Farragut, 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 Farragut is a financially viable option for your relocation.