Cost of Living in Mingo, IA

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17%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
47%
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 Mingo Iowa National
Cost of living8389100
Groceries9897100
Health care9496100
Housing5374100
Transportation9597100
Utilities9795100
Lifestyle & Entertainment9195100
Household Items9797100
Education & Childcare9894100
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Homes For Sale In Mingo, IA

property for sale

113 S Station St

Mingo, IA
property for sale

403 W Main St

Mingo, IA
property for sale

5530 Fairview LN

Mingo, IA
property for sale

104 Everett Cir

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

Cost Of Living Quick Facts

  • The cost of living in Mingo is 7% lower than the Iowa average
  • The cost of living in Mingo is 17% lower than the national average
  • Mingo housing is 47% 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 Mingo

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      Cost of living index
      Groceries index
      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$84,257$7,021$1,966$2,528
      Renters$70,386$5,866$1,642$2,112

      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.
      Valeria, IA427920.8%
      Rhodes, IA3298118.5%
      Reasnor, IA1028317.1%
      Maxwell, IA7658514.9%
      Melbourne, IA7648614.2%
      Mingo, IA3118316.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Center Point, IN3118118.8%
      Staunton, IN3118415.9%
      Blue Mound, KS3117921.0%
      Bandana, KY311973.0%
      Lupton, MI3118218.1%
      Mingo, IA3118316.9%
      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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