Cost of Living in Lake park, IA
Housing
The housing market plays a significant role in determining the cost of living in Lake park, IA.
- Housing Index: Data is updating
- Median Home Price is: $158,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Lake park, IA? With a median home price of 158000, this location presents an affordable option for potential homeowners. While the housing index indicating overall market conditions, average rent for a 2-bedroom apartment and house remains unavailable, the lower home prices could suggest a favorable market for buyers. Do note that such extremely low indices often indicate unique local conditions, like a largely rural or incomplete data environment. It's advisable to research amenities, schools, and future growth trends before deciding to relocate.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lake park, 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 Lake park, 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 Lake park is a financially viable option for your relocation.