Packwood 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.
IndexPackwoodIowaNational
Cost of living index7688100
IndexPackwoodIowaNational
Goods & Services index9093100
Groceries index9595100
Health care index9496100
Housing index3673100
Transportation index9197100
Utilities index10299100

Did you know?

  • The cost of living in Packwood is 14% lower than the Iowa average.
  • The cost of living in Packwood is 24% lower than the national average.
  • The cost of housing in Packwood is 64% 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 Packwood, 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$65,625$5,469$1,531$1,969
Renters$13,125$1,094$306$394

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

ItemPackwoodNational avg.Difference
Haircut $10.00$14.5931.5%
Beauty Salon $26.00$34.6825.0%
Toothpaste $1.96$2.4720.8%
Shampoo $0.88$1.0213.9%
Movie $8.25$9.8716.4%
Bowling $4.00$4.398.9%

Groceries

ItemPackwoodNational avg.Difference
Ground Beef $4.73$4.485.7%
Fried Chicken $1.44$1.461.6%
Milk $2.32$2.361.6%
Potatoes $2.01$3.0634.3%
Pizza $9.00$9.242.6%
Beer $7.78$8.639.9%

Health Care

ItemPackwoodNational avg.Difference
Optometrist $78.00$99.7821.8%
Doctor $121.00$105.0315.2%
Dentist $69.00$88.7022.2%
Ibuprofen $9.32$9.411.0%
Lipitor $286.58$298.504.0%

Housing

ItemPackwoodNational avg.Difference
Home Price $71,400.00$175,700.0059.4%
Avg. Mortgage Payment $891.84$1,081.0317.5%
Apartment Rent $246.00$920.0073.3%

Transportation

ItemPackwoodNational avg.Difference
Gasoline $1.96$2.096.3%
Tire Balancing $37.47$45.2917.3%

Utilities

ItemPackwoodNational avg.Difference
All Electricity$185.34$170.808.5%
Phone $26.03$28.267.9%
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.
Hayesville, IA4571-29%
Delta, IA28573-27%
Ollie, IA20773-27%
West Chester, IA11575-25%
Pleasant Plain, IA5575-25%
Packwood, IA30676-24%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Pleasant Plains, AR30677-23%
Kite, GA30677-23%
Meadow Grove, NE30681-19%
Kingsville, MO30685-15%
Malcom, IA30680-20%
Packwood, IA30676-24%
Source: The Packwood, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.