Orange City 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.
IndexOrange CityIowaNational
Cost of living index9188100
IndexOrange CityIowaNational
Goods & Services index9593100
Groceries index9595100
Health care index10296100
Housing index8073100
Transportation index9697100
Utilities index9199100
A general overview of the cost of living index for Orange City, IA is displayed above. In Orange City, IA, the overall cost of living index is 91, which is 2% higher than the Iowa average and 9% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Orange City, IA, the city's goods and services are 2% higher than the Iowa average and 5% lower than the U.S. average.

Did you know?

  • The cost of living in Orange City is 2% higher than the Iowa average.
  • The cost of living in Orange City is 9% lower than the national average.
  • The cost of housing in Orange City is 20% 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.

Find Real Estate Listings In Orange City

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Orange City

Compare Orange City, IA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current income in Orange City, IA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Orange City, IA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Orange City, IA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$71,458$5,955$1,667$2,144
Renters$37,540$3,128$876$1,126
One can approximate the cost of living and the housing affordability in Orange City, IA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Orange City, IA have a median income of $71,458. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,667 per month to avoid calamity and poverty. The renters in the city have an income of about $37,540, which would make their monthly maximum allowable rental costs $876.

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 Orange City, 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

ItemOrange CityNational 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

ItemOrange CityNational 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

ItemOrange CityNational 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

ItemOrange CityNational avg.Difference
Home Price $150,200.00$175,700.0014.5%
Avg. Mortgage Payment $887.51$1,081.0317.9%
Apartment Rent $626.00$920.0032.0%

Transportation

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

Utilities

ItemOrange CityNational 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.
Craig, IA5279-21%
Struble, IA6280-20%
Granville, IA34881-19%
Marcus, IA1,23082-18%
Hospers, IA76985-15%
Orange City, IA6,13091-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Nolensville, TN6,13112121%
North Bend, WA6,12713838%
Marble Falls, TX6,13794-6%
Kennett Square, PA6,12311111%
East Pasadena, CA6,12316868%
Orange City, IA6,13091-9%
Source: The Orange City, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.