Drakesville 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.
IndexDrakesvilleIowaNational
Cost of living index7389100
IndexDrakesvilleIowaNational
Goods & Services index8895100
Groceries index8895100
Health care index9598100
Housing index3373100
Transportation index8997100
Utilities index9996100

Did you know?

  • The cost of living in Drakesville is 18% lower than the Iowa average.
  • The cost of living in Drakesville is 27% lower than the national average.
  • The cost of housing in Drakesville is 67% 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 Drakesville, IA Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$44,250$3,688$1,032$1,328
Renters$8,889$741$207$267

Iowa Sales Tax

StateGeneral Sales TaxWith Max Surtax
Iowa6%7%

Iowa Income Tax

StateIncome Tax (Low)Income Tax (High)
Iowa0.36%8.98%

Goods & Services

ItemDrakesvilleNational avg.Difference
Haircut $7.00$15.5655.0%
Beauty Salon $24.00$36.1133.5%
Toothpaste $2.33$2.475.8%
Shampoo $0.96$0.960.9%
Movie $8.67$10.1314.4%
Bowling $4.00$4.7415.5%

Groceries

ItemDrakesvilleNational avg.Difference
Ground Beef $3.81$3.984.4%
Fried Chicken $1.57$1.4111.3%
Milk $2.00$2.062.9%
Potatoes $2.33$2.9821.8%
Pizza $9.66$9.472.0%
Beer $8.24$8.796.3%

Health Care

ItemDrakesvilleNational avg.Difference
Optometrist $78.00$101.0422.8%
Doctor $121.00$107.4412.6%
Dentist $69.00$90.4223.7%
Ibuprofen $10.69$9.2815.2%
Lipitor $436.12$426.502.3%

Housing

ItemDrakesvilleNational avg.Difference
Home Price $53,800.00$175,700.0069.4%
Avg. Mortgage Payment $820.13$1,133.2327.6%
Apartment Rent $350.00$920.0062.0%

Transportation

ItemDrakesvilleNational avg.Difference
Gasoline $1.87$1.996.4%
Tire Balancing $36.00$45.7621.3%

Utilities

ItemDrakesvilleNational avg.Difference
All Electricity$172.61$163.815.4%
Phone $26.00$28.398.4%
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.
Floris, IA17068-32%
Udell, IA3471-29%
Unionville, IA7374-26%
Moulton, IA59276-24%
Eldon, IA98874-26%
Drakesville, IA21073-27%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Garden, MI21078-22%
Heflin, LA21083-17%
Toccopola, MS21069-31%
Nebo, KY21076-24%
Burbank, OH21081-19%
Drakesville, IA21073-27%
Source: The Drakesville, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.