Cost Of Living in Bennett, IA

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15%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

41%

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	Bennett	Iowa	National
Cost of living	85	89	100
Groceries	97	97	100
Health care	97	96	100
Housing	59	74	100
Transportation	99	97	100
Utilities	98	95	100
Lifestyle & Entertainment	94	95	100
Household Items	99	97	100
Education & Childcare	94	94	100

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Homes For Sale In Bennett, IA

315 W 1st St

Bennett, IA

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Cost Of Living Quick Facts

The cost of living in Bennett is 4% lower than the Iowa average
The cost of living in Bennett is 15% lower than the national average
Bennett housing is 41% 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

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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	$109,995	$9,166	$2,566	$3,300
Renters	$81,232	$6,769	$1,895	$2,437

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.
Toronto, IA	84	82	18.0%
Calamus, IA	378	84	15.9%
Mechanicsville, IA	1,009	84	15.8%
Lowden, IA	940	85	15.1%
Wheatland, IA	1,017	85	15.0%
Bennett, IA	434	85	14.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Bend, CA	434	141	41.4%
Sigel, IL	434	93	7.4%
North Salem, IN	434	90	9.9%
Round Lake, MN	434	81	19.0%
Arbyrd, MO	434	75	24.6%
Bennett, IA	434	85	14.5%