Cost of Living in Smithland, IA

Housing

The housing market plays a significant role in determining the cost of living in Smithland, IA.

  • Housing Index: Data is updating
  • Median Home Price is: $189,000
  • Average Rent (2 BR Apartment): Data is updating
  • Average Rent (2 BR House): Data is updating

Based on the provided data for Smithland, IA, the housing index is currently at 0.0, indicating a potentially favorable buying environment. The median home price is reasonably affordable at 189000. However, both the average rent for a 2-bedroom apartment and a 2-bedroom house are listed at 0.0 and 0.0, which may imply limited rental options or availability. This low-housing index suggests that it could be an advantageous time to purchase rather than rent. Consider local amenities and job opportunities alongside housing costs before making your decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Smithland, 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 Smithland, 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 Smithland is a financially viable option for your relocation.