Cost of Living in Dubuque, IA

Housing

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

• Housing Index: 85.0 / 100
• Median Home Price is: $191000
• Average Rent (2 BR Apartment): $950 per month
• Average Rent (2 BR House): $960 per month

Considering a move to Dubuque, IA? The housing index stands at 85.0, indicating affordability compared to national averages. The median home price of 191000 is quite reasonable, allowing for potential equity growth. Renting also shows promising figures, with average rents for a 2BR apartment at 950 and a 2BR house at 960. Be mindful, as housing markets can fluctuate due to local economic factors, job opportunities, and population growth. Overall, Dubuque appears to be a solid candidate for affordable living in the current market landscape.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Dubuque, 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.): $200 per month

Living in Dubuque, 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 200 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: 90.4

Median Income

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

• Median Income: $63520

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 Dubuque, 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.