Cost of Living in Inwood, IA

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12%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
31%
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 Inwood Iowa National
Cost of living8889100
Groceries9897100
Health care9596100
Housing6974100
Transportation9397100
Utilities10495100
Lifestyle & Entertainment9395100
Household Items9597100
Education & Childcare9894100
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Homes For Sale In Inwood, IA

property for sale

303 N Oak St

Inwood, IA
property for sale

603 Parkdale Dr

Inwood, IA
property for sale

102 W Church St

Inwood, IA
property for sale

503 S Maple St

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

Cost Of Living Quick Facts

  • The cost of living in Inwood is 1% lower than the Iowa average
  • The cost of living in Inwood is 12% lower than the national average
  • Inwood housing is 31% 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 Inwood

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      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$83,695$6,975$1,953$2,511
      Renters$63,576$5,298$1,483$1,907

      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.
      Hudson, SD4887821.6%
      Alvord, IA2218020.4%
      Steen, MN1448218.0%
      Fairview, SD1448316.8%
      Doon, IA6478811.7%
      Inwood, IA1,0218811.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Plymptonville, PA1,0218316.5%
      Clearview Acres, WY1,0218514.5%
      Hayneville, AL1,0228811.7%
      Elkhorn, CA1,02015656.2%
      Knights Landing, CA1,02011615.9%
      Inwood, IA1,0218811.8%
      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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