Cost of Living in Silver city, IA
Housing
The housing market plays a significant role in determining the cost of living in Silver city, IA.
- Housing Index: Data is updating
- Median Home Price is: $265,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Moving to Silver city, IA could be a strategic decision, especially considering the median home price of 265000. However, the housing index is currently recorded at 0.0, indicating potential fluctuations in market activity or stability. With both the average rent for a 2-bedroom apartment (0.0) and 2-bedroom house (0.0) reported at zero, this might suggest that rental options are highly limited or that data is currently not available. It’s essential to verify the market conditions and explore whether this reflects future opportunities for investment and growth.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Silver city, 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 Silver city, 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 Silver city is a financially viable option for your relocation.