Webster 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.
IndexWebster CityIowaNational
Cost of living index7888100
IndexWebster CityIowaNational
Goods & Services index8693100
Groceries index9195100
Health care index9796100
Housing index5273100
Transportation index9797100
Utilities index8599100
A general summary of the cost of living index in Webster City, IA is shown above. Compared to the state average of Iowa the cost of living index in Webster City, IA is 78, which is 12% lower than the average in Iowa and compared to the national average it is 22% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Webster City, IA goods and services come in at 7% lower than the average in Iowa and are 14% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Webster City is 12% lower than the Iowa average.
  • The cost of living in Webster City is 22% lower than the national average.
  • The cost of housing in Webster City is 48% 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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Salary Calculator

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Use the salary calculator to compare your current salary in Webster City, IA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Webster City, IA, then you would need to earn more income in order to maintain the same standard of living. To use the Webster City, IA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$52,902$4,409$1,234$1,587
Renters$23,372$1,948$545$701
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Webster City, IA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Webster City, IA homeowners, is $52,902. This would allow for a maximum of $1,234 per month to be spent on housing costs. For renters, the median monthly income is $23,372 which would result in a maximum of $545 to be spent on rental costs.

Iowa Sales Tax

StateGeneral Sales TaxWith Max Surtax
Iowa6%7%

Iowa Income Tax

StateIncome Tax (Low)Income Tax (High)
Iowa0.36%8.98%
When assessing the complete cost of living in Webster City, IA, the Iowa income tax and the Iowa sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Iowa maximum surtax is 7%, and the Iowa sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0.36% to 8.98% in Iowa.

Goods & Services

ItemWebster CityNational avg.Difference
Haircut $17.00$14.5916.5%
Beauty Salon $32.00$34.687.7%
Toothpaste $1.98$2.4719.9%
Shampoo $0.88$1.0213.9%
Movie $8.75$9.8711.3%
Bowling $4.99$4.3913.6%

Groceries

ItemWebster CityNational avg.Difference
Ground Beef $4.11$4.488.2%
Fried Chicken $1.61$1.4610.0%
Milk $2.21$2.366.2%
Potatoes $2.61$3.0614.7%
Pizza $7.99$9.2413.6%
Beer $8.09$8.636.3%

Health Care

ItemWebster CityNational avg.Difference
Optometrist $85.00$99.7814.8%
Doctor $110.00$105.034.7%
Dentist $79.00$88.7010.9%
Ibuprofen $9.32$9.411.0%
Lipitor $300.03$298.500.5%

Housing

ItemWebster CityNational avg.Difference
Home Price $80,800.00$175,700.0054.0%
Avg. Mortgage Payment $1,077.99$1,081.030.3%
Apartment Rent $607.00$920.0034.0%

Transportation

ItemWebster CityNational avg.Difference
Gasoline $1.93$2.097.7%
Tire Balancing $50.00$45.2910.4%

Utilities

ItemWebster CityNational avg.Difference
All Electricity$152.96$170.8010.4%
Phone $22.40$28.2620.7%
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.
Kamrar, IA19070-30%
Lehigh, IA41973-27%
Woolstock, IA19373-27%
Dayton, IA86074-26%
Stanhope, IA42175-25%
Webster City, IA7,90578-22%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hastings-on-Hudson, NY7,90517777%
Dexter, MO7,90279-21%
Crookston, MN7,89987-13%
Bridge City, TX7,89889-11%
Houghton, MI7,89791-9%
Webster City, IA7,90578-22%
Source: The Webster 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.