Cost of Living in Albia, IA

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17%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
44%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Albia Iowa National
Cost of living8389100
Groceries9697100
Health care9496100
Housing5674100
Transportation9697100
Utilities9295100
Lifestyle & Entertainment9895100
Household Items9997100
Education & Childcare9194100
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Homes For Sale In Albia, IA

property for sale

204 B Ave W

Albia, IA
property for sale

421 S 8th St

Albia, IA
property for sale

N F St

Albia, IA
property for sale

65 13th Ave W

Albia, IA
See the Newest Homes For Sale In Albia, IA

Cost Of Living Quick Facts

  • The cost of living in Albia is 7% lower than the Iowa average
  • The cost of living in Albia is 17% lower than the national average
  • Albia housing is 44% lower than the national average
  • Iowa general sales tax is 18% higher than the national average
  • Iowa state income tax is 69% higher than the national average

Most Affordable Places to Live in and Around Albia

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Compare Albia, IA Cost of Living

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      The best places in Iowa

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$116,876$9,740$2,727$3,507
      Renters$32,145$2,679$750$964
      The affordability of the housing market in Albia, IA as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Albia homeowners, the median income is $116,876. This indicates that a monthly maximum of $2,727 should be spent by homeowners on all housing related costs. Renters have a median income of $32,145. This indicates that renters would have a maximum of $750 for their rent related monthly costs.

      Iowa Sales Tax

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

      Iowa Income Tax

      State Income Tax (Low) Income Tax (High)
      Iowa 4.4% 6%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Marysville, IA52954.7%
      Melrose, IA1857723.2%
      Bussey, IA4587722.9%
      Hamilton, IA637821.8%
      Chillicothe, IA1017921.1%
      Albia, IA3,8528316.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Emmetsburg, IA3,8518910.7%
      Leisure Village West, NJ3,8531077.4%
      San Andreas, CA3,85012524.9%
      Bystrom, CA3,85411211.5%
      Waikapu, HI3,85418383.2%
      Albia, IA3,8528316.6%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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