Cost of Living in Mingo, IA
Housing
The housing market plays a significant role in determining the cost of living in Mingo, IA.
- Housing Index: Data is updating
- Median Home Price is: $179,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the data for Mingo, IA, the housing market appears to be quite affordable, as evidenced by a median home price of 179000. However, the lack of available data regarding the housing index and average rents suggests potential fluctuations in the market. It's essential to consider factors beyond just pricing, like local amenities, schools, and job opportunities, before making a decision. If housing costs are low but essential services are lacking, it could affect your quality of life significantly. Make sure to investigate all aspects of Mingo before relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mingo, 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 Mingo, 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 Mingo is a financially viable option for your relocation.