Cost of Living in Onawa, IA
Housing
The housing market plays a significant role in determining the cost of living in Onawa, IA.
- Housing Index: 90.0 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1150 per month
With a housing index of 90.0, Onawa, IA presents a relatively affordable living option. The average rent for a 2-bedroom apartment is 1200, while a 2-bedroom house can be rented for 1150. Notably, there appears to be a median home price of 0, which typically indicates a real estate market leaning toward renting rather than buying. This situation is attractive for newcomers seeking flexibility with their housing choices. However, it may be beneficial to explore homeownership opportunities if they become available, especially as housing trends may shift in the future.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Onawa, 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.): $250 per month
Living in Onawa, 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 $250 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 Onawa is a financially viable option for your relocation.