Cost of Living in Dedham, IA
Housing
The housing market plays a significant role in determining the cost of living in Dedham, IA.
- Housing Index: Data is updating
- Median Home Price is: $115,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the current housing data for Dedham, IA reveals a significant opportunity for potential homebuyers. With a housing index of 0.0, the median home price stands at a reasonable 115000, which may indicate a favorable market for investment. However, the absence of rent data, particularly for 2-bedroom apartments and houses (both averaging at 0.0 and 0.0), raises questions about rental viability in the area. If you prioritize homeownership over renting, Dedham may suit your needs, although more rental insight would be beneficial.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Dedham, 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 Dedham, 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 Dedham is a financially viable option for your relocation.