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Cost of Living in Iowa (IA)

The cost of living in Iowa is lower than the national average. State of Iowa salaries average $44,910.00, indicating a pay rate that is lower than the U.S. average annual salary by $8,711.00. The consumer price index (CPI) of 220 in Iowa is 10.20% lower than the U.S. city average CPI of 245. The sales tax is 6.00%.

The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Iowa annual salary, sales tax rates and the regional consumer price index.


Iowa Consumer Price Index (CPI):
CPI
Iowa
220
U.S. City Average
245
Average Annual Pay:
U.S. Dollars
Iowa
$44,910
U.S. City Average
$53,621
Consumption Categories in Iowa versus National Average:
Category Percentage Versus National Average
Education -5.03%
20.27%
0%
Healthcare 2.51%
0%
10.11%
Groceries -20.93%
84.34%
0%
Rent -22.56%
90.91%
0%
Mortgage -13.34%
53.76%
0%
Electricity -1.62%
6.53%
0%
Gasoline -4.94%
19.91%
0%


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