North Liberty 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.
IndexNorth LibertyIowaNational
Cost of living index10089100
IndexNorth LibertyIowaNational
Goods & Services index9595100
Groceries index9694100
Health care index10497100
Housing index10573100
Transportation index10499100
Utilities index10195100
Displayed above is a general overview of the North Liberty, IA cost of living index. The overall cost of living index in North Liberty, IA is 100, which is 13% higher than the Iowa average and equal to the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in North Liberty, IA are equal to the Iowa average and 5% lower than the national average.

Did you know?

  • The cost of living in North Liberty is 13% higher than the Iowa average.
  • The cost of living in North Liberty is equal to the national average.
  • The cost of housing in North Liberty is 5% higher 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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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in North Liberty, IA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than North Liberty, IA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The North Liberty, IA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in North Liberty, IA, as well as what the average cost of living is. 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 payment and not more than 36 percent of income on all expenses and debts. In North Liberty, IA homeowners have a median income of $89,016. Using that number, you will come up with a maximum of $2,077 per month that can be spent on the cost of housing. 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

Iowa Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in North Liberty, IA is the Iowa sales tax and Iowa income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Iowa sales tax rate is 6% and the maximum surtax that can be charged is 7%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Iowa income tax rates range from 0.36% to 8.98%.

Goods & Services

ItemNorth LibertyNational avg.Difference
Haircut $18.59$16.0915.6%
Beauty Salon $37.28$37.330.1%
Toothpaste $2.24$2.458.5%
Shampoo $0.85$1.0015.0%
Movie $10.00$10.282.8%
Bowling $3.61$4.9326.8%


ItemNorth LibertyNational avg.Difference
Ground Beef $3.84$3.801.0%
Fried Chicken $1.47$1.405.5%
Milk $1.97$2.011.9%
Potatoes $2.66$3.0111.7%
Pizza $8.66$9.8912.4%
Beer $8.74$8.901.8%

Health Care

ItemNorth LibertyNational avg.Difference
Optometrist $120.35$102.1617.8%
Doctor $128.23$108.3618.3%
Dentist $82.63$92.5310.7%
Ibuprofen $9.41$9.281.4%
Lipitor $457.54$425.827.4%


ItemNorth LibertyNational avg.Difference
Home Price $188,400.00$184,700.002.0%
Avg. Mortgage Payment $1,140.48$1,202.445.2%
Apartment Rent $1,054.00$949.0011.1%


ItemNorth LibertyNational avg.Difference
Gasoline $2.16$2.243.7%
Tire Balancing $56.31$46.2921.6%


ItemNorth LibertyNational avg.Difference
All Electricity$189.42$165.9614.1%
Phone $25.00$28.6812.8%
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, IA4098-2%
West Branch, IA2,58191-9%
Oxford, IA87491-9%
Lisbon, IA1,90892-8%
Homestead, IA17894-6%
North Liberty, IA16,9841000%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Moraga, CA16,977214114%
Country Walk, FL16,97511919%
Greenfield, CA16,99411313%
Clarksdale, MS16,99476-24%
Merrifield, VA17,00014747%
North Liberty, IA16,9841000%
Source: The North Liberty, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.