Adel cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexAdelIowaNational
Cost of living index8989100
IndexAdelIowaNational
Goods & Services index8995100
Groceries index9295100
Health care index9798100
Housing index8173100
Transportation index9997100
Utilities index9996100
An overview of the general cost of living index for Adel, IA is displayed above for your reference. Residents in Adel, IA enjoy a cost of living index of 89. This index is 1% higher than the Iowa average, and 11% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Adel, IA, the average cost of goods and services is 6% lower than it is in Iowa, and it is 11% lower than the national average.

Did you know?

  • The cost of living in Adel is 1% higher than the Iowa average.
  • The cost of living in Adel is 11% lower than the national average.
  • The cost of housing in Adel is 19% lower than the national average.
  • Iowa general sales tax is 18% higher than the national average.
  • Iowa state income tax is 84% lower than the national average.

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Salary Calculator

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Health care index
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The salary calculator is meant to help you compare your salary in Adel, IA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Adel, IA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Adel, IA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$67,241$5,603$1,569$2,017
Renters$32,540$2,712$759$976
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Adel, IA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Adel, IA has a median income of about $67,241 for people who own homes. Based on that number, a person should spend a maximum of $1,569 on expenses related to housing. Renters have a slightly different median income, which is $32,540. Based on this average, renters should spend no more than $759 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Iowa Sales Tax

StateGeneral Sales TaxWith Max Surtax
Iowa6%7%

Iowa Income Tax

StateIncome Tax (Low)Income Tax (High)
Iowa0.36%8.98%
When assessing the complete cost of living in Adel, IA, the Iowa income tax and the Iowa sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Iowa maximum surtax is 7%, and the Iowa sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0.36% to 8.98% in Iowa.

Goods & Services

ItemAdelNational avg.Difference
Haircut $14.43$15.567.3%
Beauty Salon $27.88$36.1122.8%
Toothpaste $1.83$2.4726.1%
Shampoo $0.97$0.960.2%
Movie $8.92$10.1311.9%
Bowling $4.51$4.744.8%

Groceries

ItemAdelNational avg.Difference
Ground Beef $3.63$3.989.0%
Fried Chicken $1.71$1.4121.5%
Milk $1.75$2.0615.0%
Potatoes $2.01$2.9832.7%
Pizza $8.49$9.4710.4%
Beer $8.37$8.794.9%

Health Care

ItemAdelNational avg.Difference
Optometrist $94.78$101.046.2%
Doctor $120.75$107.4412.4%
Dentist $77.93$90.4213.8%
Ibuprofen $8.28$9.2810.8%
Lipitor $438.85$426.502.9%

Housing

ItemAdelNational avg.Difference
Home Price $146,200.00$175,700.0016.8%
Avg. Mortgage Payment $1,011.66$1,133.2310.7%
Apartment Rent $685.00$920.0025.5%

Transportation

ItemAdelNational avg.Difference
Gasoline $1.92$1.993.5%
Tire Balancing $47.41$45.763.6%

Utilities

ItemAdelNational avg.Difference
All Electricity$156.60$163.814.4%
Phone $29.30$28.393.2%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Linden, IA17577-23%
Redfield, IA84482-18%
Minburn, IA35982-18%
Diamondhead Lake, IA34386-14%
Dexter, IA75186-14%
Adel, IA3,94089-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Woodmore, MD3,94015252%
Columbus, MN3,94011414%
Helena Valley Northwest, MT3,9391088%
Westway, TX3,93878-22%
Spring Valley Village, TX3,93815454%
Adel, IA3,94089-11%
Source: The Adel, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.