Cost of Living in Cresco, IA
Housing
The housing market plays a significant role in determining the cost of living in Cresco, IA.
- Housing Index: Data is updating
- Median Home Price is: $185000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Cresco, IA? The housing market appears to be highly affordable, with a median home price of 185000. However, it’s important to note that both the average rent for a 2-bedroom apartment and a 2-bedroom house currently register as zero, which may indicate a lack of available rental properties. With the housing index standing at 0.0, this could present unique opportunities or challenges. If you're seeking to purchase a home versus renting, Cresco could be a viable choice, but consider researching local amenities and job markets to enhance your decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cresco, 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 Cresco, 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 Cresco is a financially viable option for your relocation.