D+
Overall 3%
Goods & Services 4%
Housing 5%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexNorth LibertyIowaNational
Cost of living10390100
Goods & Services10496100
Groceries10198100
Health care97100100
Housing10573100
Transportation121101100
Utilities8598100

Key findings

  • The cost of living in North Liberty is 14% higher than the Iowa average
  • The cost of living in North Liberty is 3% higher than the national average
  • North Liberty housing is 5% higher than the national average
  • Iowa general sales tax is 18% higher than the national average
  • Iowa state income tax is 87% lower than the national average

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Compare North Liberty, IA Cost of Living

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$89,016$7,418$2,077$2,671
      Renters$50,792$4,233$1,185$1,524
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in North Liberty, IA, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In North Liberty, homeowners have a median income of $89,016. Using that number, a maximum of $2,077 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $50,792, which means there is a maximum of $1,185 to be spent on the costs of renting a home or apartment.

      Iowa Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Iowa6%7%

      Iowa Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Iowa0.33%8.53%

      Goods & Services

      ItemNorth LibertyNational avg.Difference
      Haircut $17.63$17.490.8%
      Beauty Salon $20.99$38.1745.0%
      Toothpaste $3.31$2.3242.6%
      Shampoo $0.82$1.0119.0%
      Movie $11.42$10.726.5%
      Bowling $18.05$13.8630.2%

      Groceries

      ItemNorth LibertyNational avg.Difference
      Ground Beef $4.43$3.9013.6%
      Fried Chicken $1.49$1.406.8%
      Milk $2.68$1.9636.6%
      Potatoes $2.57$3.1819.3%
      Pizza $10.49$10.390.9%
      Beer $8.91$9.233.5%

      Health Care

      ItemNorth LibertyNational avg.Difference
      Optometrist $140.00$106.3431.7%
      Doctor $107.00$115.257.2%
      Dentist $80.67$98.3818.0%
      Ibuprofen $11.38$9.2622.9%
      Lipitor $498.66$466.476.9%

      Housing

      ItemNorth LibertyNational avg.Difference
      Home Price $188,400.00$184,700.002.0%
      Avg. Mortgage Payment $1,216.77$1,273.324.4%
      Apartment Rent $1,054.00$949.0011.1%

      Transportation

      ItemNorth LibertyNational avg.Difference
      Gasoline $2.67$2.593.1%
      Tire Balancing $76.00$48.9055.4%

      Utilities

      ItemNorth LibertyNational avg.Difference
      All Electricity$127.38$167.6024.0%
      Phone $173.49$163.426.2%
      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.
      East Amana, IA401022%
      West Branch, IA2,58194-6%
      Oxford, IA87494-6%
      Lisbon, IA1,90894-6%
      Homestead, IA17897-3%
      North Liberty, IA16,9841033%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Moraga, CA16,977219119%
      Country Walk, FL16,97512020%
      Greenfield, CA16,9941099%
      Clarksdale, MS16,99473-27%
      Merrifield, VA17,00014949%
      North Liberty, IA16,9841033%
      Source: The North Liberty, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.