Cost of Living in North liberty, IA
Housing
The housing market plays a significant role in determining the cost of living in North liberty, IA.
- Housing Index: 95.0 / 100
- Median Home Price is: $345000
- Average Rent (2 BR Apartment): $1250 per month
- Average Rent (2 BR House): $1280 per month
Considering a move to North liberty, IA? With a housing index of 95.0, the market is relatively affordable compared to national averages. The median home price is 345000, making it a potentially good investment for homebuyers. Renting is also reasonable, with average prices for a 2-bedroom apartment at 1250 and a 2-bedroom house at 1280. These factors make North liberty an attractive option for individuals and families seeking balance between cost and quality of life in their next home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in North liberty, 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 North liberty, 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 North liberty is a financially viable option for your relocation.