Cost of Living in Colfax, IA

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13%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
32%
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 Colfax Iowa National
Cost of living8789100
Groceries9897100
Health care9496100
Housing6874100
Transportation9597100
Utilities9795100
Lifestyle & Entertainment9195100
Household Items9797100
Education & Childcare9894100
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Homes For Sale In Colfax, IA

property for sale

10790 S 36th Ave W

Colfax, IA
property for sale

521 W Washington St

Colfax, IA
property for sale

238 S Walnut St

Colfax, IA
property for sale

200 Jefferson St

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

Cost Of Living Quick Facts

  • The cost of living in Colfax is 2% lower than the Iowa average
  • The cost of living in Colfax is 13% lower than the national average
  • Colfax housing is 32% 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 Colfax

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      Salary Calculator

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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$110,650$9,221$2,582$3,320
      Renters$53,839$4,487$1,256$1,615

      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.
      Valeria, IA427920.8%
      Swan, IA477921.1%
      Mingo, IA3118316.9%
      Reasnor, IA1028317.1%
      Maxwell, IA7658514.9%
      Colfax, IA1,9358712.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Kenyon, MN1,935937.0%
      Van Horn, TX1,9358118.5%
      New Songhees 1A, BC1,935n/a 
      Leon, IA1,9348019.8%
      Southport, IN1,936946.1%
      Colfax, IA1,9358712.7%
      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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