Cost Of Living In Rome, IA

Rome 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.
Index	Rome	Iowa	National
Cost of living index	76	89	100
Index	Rome	Iowa	National
Goods & Services index	88	95	100
Groceries index	88	95	100
Health care index	95	98	100
Housing index	44	73	100
Transportation index	89	97	100
Utilities index	99	96	100

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The cost of living in Rome is 14% lower than the Iowa average.
The cost of living in Rome is 24% lower than the national average.
The cost of housing in Rome is 56% 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$47,500	$3,958	$1,108	$1,425
Renters	$38,214	$3,185	$892	$1,147

Iowa Sales Tax

State	General Sales Tax	With Max Surtax
Iowa	6%	7%

Iowa Income Tax

State	Income Tax (Low)	Income Tax (High)
Iowa	0.36%	8.98%

Goods & Services

Item	Rome	National avg.	Difference
Haircut	$7.00	$15.56	55.0%
Beauty Salon	$24.00	$36.11	33.5%
Toothpaste	$2.33	$2.47	5.8%
Shampoo	$0.96	$0.96	0.9%
Movie	$8.67	$10.13	14.4%
Bowling	$4.00	$4.74	15.5%

Groceries

Item	Rome	National avg.	Difference
Ground Beef	$3.81	$3.98	4.4%
Fried Chicken	$1.57	$1.41	11.3%
Milk	$2.00	$2.06	2.9%
Potatoes	$2.33	$2.98	21.8%
Pizza	$9.66	$9.47	2.0%
Beer	$8.24	$8.79	6.3%

Health Care

Item	Rome	National avg.	Difference
Optometrist	$78.00	$101.04	22.8%
Doctor	$121.00	$107.44	12.6%
Dentist	$69.00	$90.42	23.7%
Ibuprofen	$10.69	$9.28	15.2%
Lipitor	$436.12	$426.50	2.3%

Housing

Item	Rome	National avg.	Difference
Home Price	$56,700.00	$175,700.00	67.7%
Avg. Mortgage Payment	$820.13	$1,133.23	27.6%
Apartment Rent	$670.00	$920.00	27.2%

Transportation

Item	Rome	National avg.	Difference
Gasoline	$1.87	$1.99	6.4%
Tire Balancing	$36.00	$45.76	21.3%

Utilities

Item	Rome	National avg.	Difference
All Electricity	$172.61	$163.81	5.4%
Phone	$26.00	$28.39	8.4%

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, State	Population	Cost of Living Index	National Avg.
Coppock, IA	62	72	-28%
Stockport, IA	287	73	-27%
Pleasant Plain, IA	55	73	-27%
Birmingham, IA	471	74	-26%
Hillsboro, IA	222	74	-26%
Rome, IA	153	76	-24%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Medon, TN	153	84	-16%
Markham, WA	153	84	-16%
Cowgill, MO	153	77	-23%
Frannie, WY	153	79	-21%
Gaylesville, AL	153	80	-20%
Rome, IA	153	76	-24%

Source: The Rome, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Rome, IA Cost of Living