Cost of Living in Wellman, IA
Housing
The housing market plays a significant role in determining the cost of living in Wellman, IA.
- Housing Index: Data is updating
- Median Home Price is: $199,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Wellman, IA, it’s important to note the substantial opportunities that might arise from the current market landscape. With a median home price of 199000, the affordability could be advantageous compared to many urban areas. However, the reported values for housing, including the housing index, average rent for 2BR apartments, and houses are currently at zero, which might indicate transient data. Careful vetting of the local housing market conditions and trends is advised before making any decisions. Don't forget to consider community amenities, job opportunities, and local schools in your deliberations!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wellman, 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 Wellman, 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 Wellman is a financially viable option for your relocation.