Cost of Living in Monona, IA

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13%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
32%
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 Monona Iowa National
Cost of living8789100
Groceries9897100
Health care9696100
Housing6874100
Transportation9697100
Utilities9395100
Lifestyle & Entertainment9795100
Household Items9797100
Education & Childcare8994100
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Homes For Sale In Monona, IA

property for sale

308 S Egbert St

Monona, IA
property for sale

409 N Main St

Monona, IA
property for sale

404 Maple St

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

Cost Of Living Quick Facts

  • The cost of living in Monona is 2% lower than the Iowa average
  • The cost of living in Monona is 13% lower than the national average
  • Monona housing is 32% 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 Monona

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      Utilities index
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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$93,424$7,785$2,180$2,803
      Renters$61,740$5,145$1,441$1,852

      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.
      Farmersburg, IA3807920.9%
      Wadena, IA2288020.0%
      St. Olaf, IA1348019.8%
      Elgin, IA6638118.7%
      Castalia, IA1728415.6%
      Monona, IA1,6868712.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      North Vacherie, LA1,686927.6%
      Cedar Hill, MO1,686927.7%
      Ashland, NH1,686982.1%
      Northampton, NY1,68613736.5%
      Prince George, VA1,68611110.5%
      Monona, IA1,6868712.8%
      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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