Cost of Living in Murray, IA

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19%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
53%
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 Murray Iowa National
Cost of living8189100
Groceries9997100
Health care9796100
Housing4774100
Transportation9697100
Utilities9795100
Lifestyle & Entertainment9195100
Household Items9897100
Education & Childcare9094100
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Homes For Sale In Murray, IA

property for sale

1002 Maple St

Murray, IA
property for sale

127 4th St

Murray, IA
property for sale

520 6th St

Murray, IA
property for sale

415 Maple St

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

Cost Of Living Quick Facts

  • The cost of living in Murray is 9% lower than the Iowa average
  • The cost of living in Murray is 19% lower than the national average
  • Murray housing is 53% 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 Murray

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      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$69,913$5,826$1,631$2,098
      Renters$80,520$6,710$1,879$2,416

      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.
      Ellston, IA387029.7%
      Thayer, IA247624.4%
      Van Wert, IA1407624.1%
      East Peru, IA1477623.9%
      Lorimor, IA4087821.8%
      Murray, IA7168118.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Aguanga, CA71611818.3%
      Wabasso, FL7161109.6%
      Dahlgren, IL7168019.6%
      Evarts, KY7168218.1%
      Camden, MI7168316.6%
      Murray, IA7168118.9%
      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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