Cost of Living in Earlham, IA
Housing
The housing market plays a significant role in determining the cost of living in Earlham, IA.
- Housing Index: 89.7 / 100
- Median Home Price is: $215,000
- Average Rent (2 BR Apartment): $1100 per month
- Average Rent (2 BR House): $1200 per month
When considering a move to Earlham, IA, the housing index is 89.7, which indicates an affordable market compared to national averages. The median home price at 215000 presents a viable option for homebuyers. For renters, the average monthly rent for a 2-bedroom apartment is 1100, while a 2-bedroom house costs 1200. If you value affordable living in a possibly growing community, Earlham offers promising choices. Additionally, examine local amenities and job prospects which can significantly impact your overall satisfaction and investment value.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Earlham, 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.): $250 per month
Living in Earlham, 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 $250 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 Earlham is a financially viable option for your relocation.