Hawkeye, Iowa Cost Of Living

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Overall 26%

Goods & Services 14%

Housing 60%

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	Hawkeye	Iowa	National
Cost of living	74	89	100
Goods & Services	86	94	100
Groceries	95	98	100
Health care	101	100	100
Housing	40	73	100
Transportation	85	98	100
Utilities	88	95	100

Key findings

The cost of living in Hawkeye is 17% lower than the Iowa average
The cost of living in Hawkeye is 26% lower than the national average
Hawkeye 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)
Owners	$57,000	$4,750	$1,330	$1,710
Renters	$10,357	$863	$242	$311

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	Hawkeye	National avg.	Difference
Haircut	$17.32	$20.27	14.6%
Beauty Salon	$21.13	$40.39	47.7%
Toothpaste	$1.92	$2.36	18.8%
Shampoo	$1.09	$1.08	1.0%
Movie	$9.37	$10.99	14.7%
Bowling	$11.17	$15.49	27.9%

Groceries

Item	Hawkeye	National avg.	Difference
Ground Beef	$3.88	$4.30	9.6%
Fried Chicken	$1.62	$1.40	16.0%
Milk	$2.24	$2.20	1.8%
Potatoes	$2.73	$3.22	15.2%
Pizza	$10.48	$10.74	2.4%
Beer	$8.98	$9.60	6.5%

Health Care

Item	Hawkeye	National avg.	Difference
Optometrist	$97.72	$109.73	10.9%
Doctor	$125.67	$118.34	6.2%
Dentist	$106.85	$100.94	5.9%
Ibuprofen	$8.21	$9.93	17.4%
Lipitor	$471.43	$469.53	0.4%

Housing

Item	Hawkeye	National avg.	Difference
Home Price	$67,100.00	$184,700.00	63.7%
Avg. Mortgage Payment	$1,072.30	$1,229.62	12.8%
Apartment Rent	$459.00	$949.00	51.6%

Transportation

Item	Hawkeye	National avg.	Difference
Gasoline	$2.65	$2.71	2.2%
Tire Balancing	$33.88	$51.86	34.7%

Utilities

Item	Hawkeye	National avg.	Difference
All Electricity	$136.55	$170.84	20.1%
Phone	$184.20	$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.
Randalia, IA	60	72	28.0%
Waucoma, IA	233	73	27.1%
Westgate, IA	187	73	27.0%
Lawler, IA	324	74	26.3%
Castalia, IA	188	75	25.5%
Hawkeye, IA	496	74	26.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Cuba, AL	496	80	19.9%
Elkmont, AL	496	82	17.8%
Waterloo, CA	496	133	33.0%
Wheatland, IN	496	80	19.5%
Rolla, KS	496	83	17.2%
Hawkeye, IA	496	74	26.1%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.