Minden 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.
IndexMindenIowaNational
Cost of living index8788100
IndexMindenIowaNational
Goods & Services index9593100
Groceries index9595100
Health care index10296100
Housing index6973100
Transportation index9697100
Utilities index9199100

Did you know?

  • The cost of living in Minden is 2% lower than the Iowa average.
  • The cost of living in Minden is 13% lower than the national average.
  • The cost of housing in Minden is 31% 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 Minden, 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$64,464$5,372$1,504$1,934
Renters$31,000$2,583$723$930

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

ItemMindenNational avg.Difference
Haircut $15.83$14.598.5%
Beauty Salon $28.50$34.6817.8%
Toothpaste $2.36$2.474.6%
Shampoo $0.90$1.0211.9%
Movie $9.79$9.870.8%
Bowling $3.61$4.3917.8%

Groceries

ItemMindenNational avg.Difference
Ground Beef $4.53$4.481.2%
Fried Chicken $1.47$1.460.4%
Milk $2.33$2.361.1%
Potatoes $2.80$3.068.5%
Pizza $8.99$9.242.7%
Beer $7.90$8.638.5%

Health Care

ItemMindenNational avg.Difference
Optometrist $102.40$99.782.6%
Doctor $136.00$105.0329.5%
Dentist $73.25$88.7017.4%
Ibuprofen $9.30$9.411.2%
Lipitor $306.52$298.502.7%

Housing

ItemMindenNational avg.Difference
Home Price $131,600.00$175,700.0025.1%
Avg. Mortgage Payment $887.51$1,081.0317.9%
Apartment Rent $494.00$920.0046.3%

Transportation

ItemMindenNational avg.Difference
Gasoline $1.92$2.098.0%
Tire Balancing $47.97$45.295.9%

Utilities

ItemMindenNational avg.Difference
All Electricity$157.32$170.807.9%
Phone $24.99$28.2611.6%
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.
Tennant, IA4078-22%
Portsmouth, IA18381-19%
Hancock, IA21982-18%
Persia, IA30282-18%
Avoca, IA1,32884-16%
Minden, IA57887-13%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hopkinton, IA57887-13%
Woods Bay, MT5781055%
Pickensville, AL57877-23%
Joliet, MT57891-9%
Taylor Springs, IL57881-19%
Minden, IA57887-13%
Source: The Minden, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.