Cheatom Park, Iowa Cost Of Living

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Overall 18%

Goods & Services 10%

Housing 42%

Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; 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	Cheatom Park	Des Moines	Iowa
Cost of living	82	85	89
Goods & Services	90	90	94
Groceries	99	99	98
Health care	92	92	100
Housing	58	70	73
Transportation	93	93	98
Utilities	86	86	95

Key findings

The cost of living in Cheatom Park is 8% lower than the Des Moines average
The cost of living in Cheatom Park is 18% lower than the national average
Cheatom Park housing is 42% lower than the national average
Iowa general sales tax is 18% higher than the national average
Iowa state income tax is 87% lower than the national average

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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)
Household	$41,255	$3,438	$963	$1,238

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	Des Moines	National avg.	Difference
Haircut	$18.13	$20.27	10.5%
Beauty Salon	$32.12	$40.39	20.5%
Toothpaste	$1.77	$2.36	24.9%
Shampoo	$1.16	$1.08	8.2%
Movie	$9.50	$10.99	13.6%
Bowling	$18.53	$15.49	19.6%

Groceries

Item	Des Moines	National avg.	Difference
Ground Beef	$3.49	$4.30	18.8%
Fried Chicken	$1.57	$1.40	12.1%
Milk	$2.34	$2.20	6.1%
Potatoes	$2.65	$3.22	17.6%
Pizza	$10.15	$10.74	5.5%
Beer	$9.18	$9.60	4.3%

Health Care

Item	Des Moines	National avg.	Difference
Optometrist	$115.02	$109.73	4.8%
Doctor	$115.47	$118.34	2.4%
Dentist	$80.69	$100.94	20.1%
Ibuprofen	$8.79	$9.93	11.5%
Lipitor	$478.90	$469.53	2.0%

Housing

Item	Des Moines	National avg.	Difference
Home Price	$119,800.00	$184,700.00	35.1%
Avg. Mortgage Payment	$993.05	$1,229.62	19.2%
Apartment Rent	$775.00	$949.00	18.3%

Transportation

Item	Des Moines	National avg.	Difference
Gasoline	$2.38	$2.71	12.1%
Tire Balancing	$52.56	$51.86	1.4%

Utilities

Item	Des Moines	National avg.	Difference
All Electricity	$129.70	$170.84	24.1%
Phone	$184.26	$187.18	1.6%

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, State	Population	Cost of Living Index	National Avg.
Swan, IA	69	74	-26%
Valeria, IA	46	76	-24%
Spring Hill, IA	60	79	-21%
Martensdale, IA	452	82	-18%
Sandyville, IA	74	83	-17%
Des Moines, IA	212,859	85	-15%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Birmingham, AL	212,424	86	-14%
Spokane, WA	212,078	99	-1%
San Bernardino, CA	214,581	106	6%
Rochester, NY	210,291	88	-12%
Richmond, VA	216,773	101	1%
Des Moines, IA	212,859	85	-15%

Source: The Cheatom Park, Des Moines, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.

Cheatom Park, Des Moines, IA Cost of Living