Carlisle 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.
IndexCarlisleIowaNational
Cost of living index8889100
IndexCarlisleIowaNational
Goods & Services index8995100
Groceries index9295100
Health care index9798100
Housing index7873100
Transportation index9997100
Utilities index9996100
Here we can see a simple outline of the cost of living in Carlisle, IA. As you can see, with the average cost of living in Carlisle, IA being 88, that puts it equal to the average of Iowa and 12% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Carlisle, IA, the price of goods and services are 6% lower than the average of Iowa as well as 11% lower than the nation's average.

Did you know?

  • The cost of living in Carlisle is equal to the Iowa average.
  • The cost of living in Carlisle is 12% lower than the national average.
  • The cost of housing in Carlisle is 22% 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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Compare Carlisle, IA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Carlisle, IA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Carlisle, IA, then you would need to earn more income in order to maintain the same standard of living. To use the Carlisle, IA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$76,111$6,343$1,776$2,284
Renters$21,420$1,785$500$643
If you want to find a good determining factor for the cost of living and the general affordability of housing in Carlisle, IA, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Carlisle, IA, the median monthly income is $76,111 for those who own their own homes. Under the standard rule, that income level would allow for $1,776 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $21,420, per the median income in the area. That would allow for renters to spend up to $500 on monthly rental expenses.

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 Carlisle, 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

ItemCarlisleNational 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

ItemCarlisleNational 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

ItemCarlisleNational 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

ItemCarlisleNational avg.Difference
Home Price $142,700.00$175,700.0018.8%
Avg. Mortgage Payment $1,011.66$1,133.2310.7%
Apartment Rent $640.00$920.0030.4%

Transportation

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

Utilities

ItemCarlisleNational 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.
Swan, IA6177-23%
Bevington, IA2377-23%
Valeria, IA6579-21%
Spring Hill, IA2179-21%
Colfax, IA1,83582-18%
Carlisle, IA4,06288-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Farmers Loop, AK4,06213636%
Westborough, MA4,06113434%
Madison, IL4,06182-18%
Livingston, TN4,06083-17%
Algonac, MI4,06592-8%
Carlisle, IA4,06288-12%
Source: The Carlisle, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.