De Witt 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.
IndexDe WittIowaNational
Cost of living index9189100
IndexDe WittIowaNational
Goods & Services index9495100
Groceries index10695100
Health care index9798100
Housing index7573100
Transportation index9797100
Utilities index9896100
A general summary of the cost of living index in De Witt, IA is shown above. Compared to the state average of Iowa the cost of living index in De Witt, IA is 91, which is 2% higher than the average in Iowa and compared to the national average it is 9% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In De Witt, IA goods and services come in at 1% lower than the average in Iowa and are 6% lower than compared to the nationwide average.

Did you know?

  • The cost of living in De Witt is 2% higher than the Iowa average.
  • The cost of living in De Witt is 9% lower than the national average.
  • The cost of housing in De Witt is 25% 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 De Witt, IA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
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Using the salary calculator lets you compare the salary you earn in De Witt, IA to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in De Witt, IA, you have to earn a higher income in order to still have the same standard of living. To operate the De Witt, IA salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$83,089$6,924$1,939$2,493
Renters$24,615$2,051$574$739
How much of your monthly income goes to housing can tell you whether or not you can afford housing in De Witt, IA, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In De Witt, IA homeowners have a median income of $83,089. Using that number, you will come up with a maximum of $1,939 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $24,615, which means there is a maximum of $574 to be spent on the costs of renting a home or apartment.

Iowa Sales Tax

StateGeneral Sales TaxWith Max Surtax
Iowa6%7%

Iowa Income Tax

StateIncome Tax (Low)Income Tax (High)
Iowa0.36%8.98%
When you are determining the total cost of living in De Witt, IA you will want to make sure you consider both the Iowa sales tax and the Iowa income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Iowa is 6%, with the highest surtax being 7%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Iowa have a range from 0.36% to 8.98%.

Goods & Services

ItemDe WittNational avg.Difference
Haircut $13.70$15.5612.0%
Beauty Salon $22.83$36.1136.8%
Toothpaste $2.63$2.476.2%
Shampoo $1.32$0.9636.4%
Movie $10.49$10.133.6%
Bowling $5.00$4.745.6%

Groceries

ItemDe WittNational avg.Difference
Ground Beef $4.15$3.984.1%
Fried Chicken $1.51$1.417.3%
Milk $2.66$2.0628.9%
Potatoes $3.47$2.9816.4%
Pizza $8.69$9.478.3%
Beer $8.35$8.795.0%

Health Care

ItemDe WittNational avg.Difference
Optometrist $96.13$101.044.9%
Doctor $126.39$107.4417.6%
Dentist $75.69$90.4216.3%
Ibuprofen $9.29$9.280.1%
Lipitor $407.67$426.504.4%

Housing

ItemDe WittNational avg.Difference
Home Price $139,200.00$175,700.0020.8%
Avg. Mortgage Payment $1,111.11$1,133.232.0%
Apartment Rent $609.00$920.0033.8%

Transportation

ItemDe WittNational avg.Difference
Gasoline $1.94$1.992.7%
Tire Balancing $43.33$45.765.3%

Utilities

ItemDe WittNational avg.Difference
All Electricity$140.29$163.8114.4%
Phone $32.99$28.3916.2%
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.
Andover, IA10184-16%
Lost Nation, IA50284-16%
Charlotte, IA38384-16%
Delmar, IA49985-15%
Calamus, IA38085-15%
De Witt, IA5,29791-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Vine Grove, KY5,29688-12%
Ballston Spa, NY5,2981088%
Thiells, NY5,29513636%
Chackbay, LA5,29990-10%
Timber Pines, FL5,30091-9%
De Witt, IA5,29791-9%
Source: The De Witt, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.