New Vision, Iowa Cost Of Living

Buy Rent

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24%

Overall NAT. AVG.

10%

Goods & Services NAT. AVG.

60%

Housing NAT. AVG.

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Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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	New Vision	Des Moines	Iowa
Cost of living	76	85	89
Goods & Services	90	90	94
Groceries	99	99	98
Health care	92	92	100
Housing	40	70	73
Transportation	93	93	98
Utilities	86	86	95

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Key findings

The cost of living in New Vision is 14% lower than the Des Moines average
The cost of living in New Vision is 24% lower than the national average
New Vision housing is 60% 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	$30,403	$2,534	$709	$912

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	Population	Cost of Living Index	National Avg.
Spring Hill, IA	60	79	21.0%
Elkhart, IA	815	83	16.7%
Hartford, IA	824	84	15.8%
Mitchellville, IA	2,271	85	15.2%
Runnells, IA	514	87	13.5%
Des Moines, IA	212,859	85	14.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Birmingham, AL	212,424	86	13.5%
Oakville, ON	212,353	n/a
Spokane, WA	212,078	99	0.6%
San Bernardino, CA	214,581	106	5.9%
Richmond Hill, ON	215,407	n/a
Des Moines, IA	212,859	85	14.8%