Clinton 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.
IndexClintonIowaNational
Cost of living index8688100
IndexClintonIowaNational
Goods & Services index9993100
Groceries index10095100
Health care index9296100
Housing index5673100
Transportation index10297100
Utilities index10099100
Displayed above is a general overview of the Clinton, IA cost of living index. The overall cost of living index in Clinton, IA is 86, which is 3% lower than the Iowa average and 14% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Clinton, IA are 6% higher than the Iowa average and 1% lower than the national average.

Did you know?

  • The cost of living in Clinton is 3% lower than the Iowa average.
  • The cost of living in Clinton is 14% lower than the national average.
  • The cost of housing in Clinton is 44% 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

This is how much you would need to earn in
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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
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The salary calculator is used in order to provide a comparison of your current salary in Clinton, IA to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Clinton, IA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Clinton, IA salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$56,029$4,669$1,307$1,681
Renters$22,203$1,850$518$666
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Clinton, IA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Clinton, IA homeowners, is $56,029. This would allow for a maximum of $1,307 per month to be spent on housing costs. For renters, the median monthly income is $22,203 which would result in a maximum of $518 to be spent on rental costs.

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 Clinton, 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

ItemClintonNational avg.Difference
Haircut $13.50$14.597.5%
Beauty Salon $28.00$34.6819.3%
Toothpaste $2.12$2.4714.3%
Shampoo $0.92$1.0210.0%
Movie $9.88$9.870.1%
Bowling $2.75$4.3937.4%

Groceries

ItemClintonNational avg.Difference
Ground Beef $4.69$4.484.8%
Fried Chicken $1.56$1.466.6%
Milk $2.33$2.361.1%
Potatoes $2.99$3.062.3%
Pizza $8.99$9.242.7%
Beer $8.37$8.633.0%

Health Care

ItemClintonNational avg.Difference
Optometrist $97.00$99.782.8%
Doctor $115.00$105.039.5%
Dentist $64.67$88.7027.1%
Ibuprofen $8.99$9.414.5%
Lipitor $296.88$298.500.5%

Housing

ItemClintonNational avg.Difference
Home Price $92,100.00$175,700.0047.6%
Avg. Mortgage Payment $1,182.15$1,081.039.4%
Apartment Rent $595.00$920.0035.3%

Transportation

ItemClintonNational avg.Difference
Gasoline $2.03$2.092.9%
Tire Balancing $51.92$45.2914.7%

Utilities

ItemClintonNational avg.Difference
All Electricity$142.93$170.8016.3%
Phone $34.56$28.2622.3%
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.
Miles, IA43788-12%
Andover, IA10185-15%
Charlotte, IA38385-15%
Lyndon, IL72486-14%
Morrison, IL4,11886-14%
Clinton, IA26,61186-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Paramus, NJ26,61217575%
Tualatin, OR26,60412727%
Greer, SC26,62697-3%
West Whittier-Los Nietos, CA26,59012828%
Fredericksburg, VA26,63212121%
Clinton, IA26,61186-14%
Source: The Clinton, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.