Cost of Living in Latimer, IA

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15%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
42%
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 Latimer Iowa National
Cost of living8589100
Groceries9597100
Health care9596100
Housing5874100
Transportation9697100
Utilities9595100
Lifestyle & Entertainment9595100
Household Items9897100
Education & Childcare9894100
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Homes For Sale In Latimer, IA

property for sale

321 S Van Kirk St

Latimer, IA
property for sale

103 S Akir St

Latimer, IA
property for sale

315 S Reynolds St

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

Cost Of Living Quick Facts

  • The cost of living in Latimer is 5% lower than the Iowa average
  • The cost of living in Latimer is 15% lower than the national average
  • Latimer housing is 42% 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 Latimer

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      Price difference in compared to
      Cost of living index
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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$98,878$8,240$2,307$2,967
      Renters$3,687$307$86$111

      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.
      Bradford, IA63964.1%
      Galt, IA36955.3%
      Goodell, IA1167426.5%
      Geneva, IA1367524.8%
      Alexander, IA1667524.6%
      Latimer, IA8198515.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Fieldbrook, CA81914444.4%
      Shueyville, IA81914040.4%
      Pocahontas, IL8198614.4%
      Gobles, MI8198118.9%
      Cleveland, MN819954.7%
      Latimer, IA8198515.4%
      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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