Cost of Living in Sidney, IA
Housing
The housing market plays a significant role in determining the cost of living in Sidney, IA.
- Housing Index: 85.0 / 100
- Median Home Price is: $175,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1160 per month
Considering a move to Sidney, IA? The housing index of 85.0 reflects a balanced market, suggesting affordable options for buyers and renters alike. With a median home price of 175000, owning a home might be a viable investment, especially compared to the average rent for a 2-bedroom apartment at 1200 and a house at 1160. Lower housing costs can enable a higher quality of life, or save for future financial goals. Always factor in local amenities and job markets when making your decision!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sidney, 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 Sidney, 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 Sidney is a financially viable option for your relocation.