Cost of Living in Lone tree, IA
Housing
The housing market plays a significant role in determining the cost of living in Lone tree, IA.
- Housing Index: 90.0 / 100
- Median Home Price is: $250,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1240 per month
Considering a move to Lone tree, IA? The housing index stands at 90.0, making it a relatively affordable option compared to the national average. With a median home price of 250000, homeownership may be achievable for first-time buyers. Additionally, the average rent for a 2-bedroom apartment is set at 1200, while a 2-bedroom house averages 1240. This indicates a competitive rental market, ideal for those preferring flexibility. Overall, Lone tree provides solid opportunities for both renters and homebuyers alike, making it worth exploring further.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lone tree, 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.): $150 per month
Living in Lone tree, 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 $150 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 Lone tree is a financially viable option for your relocation.