Van Meter 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.
IndexVan MeterIowaNational
Cost of living index8888100
IndexVan MeterIowaNational
Goods & Services index9293100
Groceries index9395100
Health care index9796100
Housing index7973100
Transportation index9197100
Utilities index9299100

Did you know?

  • The cost of living in Van Meter is equal to the Iowa average.
  • The cost of living in Van Meter is 12% lower than the national average.
  • The cost of housing in Van Meter is 21% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$84,779$7,065$1,978$2,544
Renters$52,083$4,340$1,215$1,563

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

ItemVan MeterNational avg.Difference
Haircut $13.67$14.596.3%
Beauty Salon $27.07$34.6821.9%
Toothpaste $2.07$2.4716.3%
Shampoo $1.00$1.022.2%
Movie $8.93$9.879.5%
Bowling $4.30$4.392.1%

Groceries

ItemVan MeterNational avg.Difference
Ground Beef $4.03$4.4810.0%
Fried Chicken $1.77$1.4620.9%
Milk $2.26$2.364.1%
Potatoes $2.42$3.0621.0%
Pizza $8.49$9.248.1%
Beer $8.37$8.633.0%

Health Care

ItemVan MeterNational avg.Difference
Optometrist $96.40$99.783.4%
Doctor $122.60$105.0316.7%
Dentist $78.13$88.7011.9%
Ibuprofen $8.89$9.415.5%
Lipitor $262.74$298.5012.0%

Housing

ItemVan MeterNational avg.Difference
Home Price $144,800.00$175,700.0017.6%
Avg. Mortgage Payment $956.15$1,081.0311.6%
Apartment Rent $648.00$920.0029.6%

Transportation

ItemVan MeterNational avg.Difference
Gasoline $1.83$2.0912.5%
Tire Balancing $44.80$45.291.1%

Utilities

ItemVan MeterNational avg.Difference
All Electricity$143.19$170.8016.2%
Phone $29.30$28.263.7%
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.
Bevington, IA2377-23%
Patterson, IA13179-21%
Redfield, IA84481-19%
Martensdale, IA48284-16%
Dexter, IA75186-14%
Van Meter, IA1,46388-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Roland, IA1,46385-15%
Plattekill, NY1,46312727%
Grandview, TX1,46391-9%
Kinderhook, NY1,46311818%
Gordonsville, TN1,46384-16%
Van Meter, IA1,46388-12%
Source: The Van Meter, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.