Mingo cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMingoIowaNational
Cost of living index8189100
IndexMingoIowaNational
Goods & Services index8995100
Groceries index9094100
Health care index9797100
Housing index5673100
Transportation index9999100
Utilities index9995100

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Did you know?

  • The cost of living in Mingo is 8% lower than the Iowa average.
  • The cost of living in Mingo is 19% lower than the national average.
  • The cost of housing in Mingo is 44% lower than the national average.
  • Iowa general sales tax is 18% higher than the national average.
  • Iowa state income tax is 84% lower than the national average.

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Compare Mingo, IA Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$41,023$3,419$957$1,231
Renters$0$0$0$0

Iowa Sales Tax

StateGeneral Sales TaxWith Max Surtax
Iowa6%7%

Iowa Income Tax

StateIncome Tax (Low)Income Tax (High)
Iowa0.36%8.98%

Goods & Services

ItemMingoNational avg.Difference
Haircut $14.97$16.096.9%
Beauty Salon $31.92$37.3314.5%
Toothpaste $1.86$2.4524.1%
Shampoo $0.97$1.003.1%
Movie $9.04$10.2812.1%
Bowling $4.58$4.937.1%

Groceries

ItemMingoNational avg.Difference
Ground Beef $3.07$3.8019.2%
Fried Chicken $1.60$1.4014.8%
Milk $1.79$2.0110.8%
Potatoes $2.02$3.0133.0%
Pizza $9.16$9.897.4%
Beer $8.62$8.903.1%

Health Care

ItemMingoNational avg.Difference
Optometrist $99.16$102.162.9%
Doctor $118.76$108.369.6%
Dentist $78.86$92.5314.8%
Ibuprofen $8.72$9.286.0%
Lipitor $430.12$425.821.0%

Housing

ItemMingoNational avg.Difference
Home Price $101,600.00$184,700.0045.0%
Avg. Mortgage Payment $1,106.22$1,202.448.0%
Apartment Rent $550.00$949.0042.0%

Transportation

ItemMingoNational avg.Difference
Gasoline $2.20$2.242.2%
Tire Balancing $46.50$46.290.4%

Utilities

ItemMingoNational avg.Difference
All Electricity$157.15$165.965.3%
Phone $30.20$28.685.3%
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, StatePopulationCost of Living IndexNational Avg.
Valeria, IA4676-24%
Reasnor, IA17579-21%
Rhodes, IA25778-22%
Colfax, IA1,92581-19%
Collins, IA45881-19%
Mingo, IA25581-19%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Camp Dennison, OH25597-3%
East Middlebury, VT25511010%
Crows Landing, CA25594-6%
Wellman, TX25574-26%
Copper City, MI25575-25%
Mingo, IA25581-19%
Source: The Mingo, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.