Cost of Living in Cedar falls, IA

Housing

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

• Housing Index: 85.0 / 100
• Median Home Price is: $221000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1300 per month

Considering a move to Cedar falls, IA? The housing index stands at 85.0, indicating a fairly affordable market. The median home price of 221000 makes homeownership attainable, while average rent for a 2-bedroom apartment at 1200 and a house at 1300 keeps living costs manageable. This combination enhances the appeal for families and young professionals alike. Remember that local amenities and job opportunities are crucial factors, too, as you weigh your decision to relocate. Explore the lifestyle options available to gain a holistic understanding of this vibrant community.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cedar falls, 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.): $150 per month

Living in Cedar falls, 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 150 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 90.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $71011

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Cedar falls, IA, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.