Cost of Living in Meriden, IA
Housing
The housing market plays a significant role in determining the cost of living in Meriden, IA.
- Housing Index: Data is updating
- Median Home Price is: $145,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In analyzing the housing landscape of Meriden, IA, we find that the housing index indicates a significant opportunity for buyers, especially given the median home price of 145000. With the average rent for a 2-bedroom apartment and house at 0.0 and 0.0, respectively, an investment in homeownership appears economically favorable. Low rents could also signal increased demand for housing. It's essential to consider local amenities and job opportunities to complement this financial assessment, ensuring a holistic approach to your moving decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Meriden, 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 Meriden, 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 Meriden is a financially viable option for your relocation.