Cost of Living in Central City, IA

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10%
Overall NAT. AVG.
3%
Goods & Services NAT. AVG.
30%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Central City Iowa National
Cost of living9090100
Goods & Services9796100
Groceries9797100
Health care10199100
Housing7073100
Transportation10098100
Utilities10396100
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Cost Of Living Quick Facts

  • The cost of living in Central City is 1% higher than the Iowa average
  • The cost of living in Central City is 10% lower than the national average
  • Central City housing is 30% lower than the national average
  • Iowa general sales tax is 18% higher than the national average
  • Iowa state income tax is 85% lower than the national average

Most Affordable Places to Live in and Around Central City

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Compare Central City, IA Cost of Living

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      The best places in Iowa

      Here are the best places to live in IowaTop 10 cities in Iowa with the best education systemTop 10 best public schools in Central City10 Best cities in Iowa for employment

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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$73,977$6,165$1,726$2,220
      Renters$23,750$1,979$554$713

      Iowa Sales Tax

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

      Iowa Income Tax

      State Income Tax (Low) Income Tax (High)
      Iowa 0.33% 8.53%

      Goods & Services

      Item Central City National avg. Difference
      Haircut $25.80$24.266.3%
      Beauty Salon $35.19$45.5622.8%
      Toothpaste $3.83$3.703.5%
      Shampoo $1.35$1.285.2%
      Movie $11.73$12.133.3%
      Bowling $17.11$18.004.9%

      Groceries

      Item Central City National avg. Difference
      Ground Beef $5.61$5.843.9%
      Fried Chicken $1.37$1.5713.1%
      Milk $4.85$4.673.7%
      Potatoes $4.81$4.932.5%
      Pizza $11.32$12.096.3%
      Beer $9.97$10.414.2%

      Health Care

      Item Central City National avg. Difference
      Optometrist $115.67$125.688.0%
      Doctor $158.97$135.7817.1%
      Dentist $105.87$113.296.5%
      Ibuprofen $10.57$10.650.7%
      Lipitor $439.90$468.606.1%

      Housing

      Item Central City National avg. Difference
      Home Price $138,300.00$184,700.0025.1%
      Avg. Mortgage Payment $1,718.48$2,346.6926.8%
      Apartment Rent $554.00$949.0041.6%

      Transportation

      Item Central City National avg. Difference
      Gasoline $3.35$3.463.1%
      Tire Balancing $64.40$59.927.5%

      Utilities

      Item Central City National avg. Difference
      All Electricity $205.48$193.995.9%
      Phone $187.56$192.252.4%
      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 Population Cost of Living Index National Avg.
      Stone City, IA60991.4%
      Morley, IA467623.7%
      Hopkinton, IA5688218.5%
      Prairieburg, IA1658515.2%
      Martelle, IA3098713.0%
      Central City, IA1,2079010.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Byng, OK1,2078812.1%
      Timpson, TX1,2077822.3%
      Craig, AK1,20612323.0%
      Six Shooter Canyon, AZ1,2081011.3%
      Sycamore, GA1,2067921.1%
      Central City, IA1,2079010.0%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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