Cost of Living in New Virginia, IA

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12%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
30%
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 New Virginia Iowa National
Cost of living8889100
Groceries9997100
Health care9796100
Housing7074100
Transportation9697100
Utilities9795100
Lifestyle & Entertainment9195100
Household Items9897100
Education & Childcare9094100
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Homes For Sale In New Virginia, IA

property for sale

20745 35th Ave

New Virginia, IA
property for sale

305 Main St

New Virginia, IA
property for sale

304 Broadway St

New Virginia, IA
property for sale

23235 R45 Hwy

New Virginia, IA

Cost Of Living Quick Facts

  • The cost of living in New Virginia is 2% lower than the Iowa average
  • The cost of living in New Virginia is 12% lower than the national average
  • New Virginia housing is 30% 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 New Virginia

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      The best places in Iowa

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      Price difference in compared to
      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$127,355$10,613$2,971$3,821
      Renters$81,402$6,784$1,899$2,442

      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.
      Bevington, IA28964.3%
      East Peru, IA1477623.9%
      Woodburn, IA1247723.3%
      Lucas, IA1157822.5%
      Murray, IA7168118.9%
      New Virginia, IA4678812.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      South Komelik, AZ4678811.9%
      Clipper Mills, CA46711616.4%
      Martin, GA4679010.0%
      Little Rock, IA4678019.5%
      New Richmond, IN4678218.3%
      New Virginia, IA4678812.1%
      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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