Cost of Living in Northwood, IA

Get 300+ Local Insights for Any Address in Northwood, IA

Get Access to 300+ Local Data Points
A+
12%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
44%
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 Northwood Iowa National
Cost of living8889100
Groceries10097100
Health care9996100
Housing5674100
Transportation10297100
Utilities10895100
Lifestyle & Entertainment9695100
Household Items10097100
Education & Childcare10294100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Northwood, IA

property for sale

106 14th St N

Northwood, IA
property for sale

97 13th St S

Northwood, IA
property for sale

4316 Orchid Ave

Northwood, IA
property for sale

4294 Lilac Ave

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

Cost Of Living Quick Facts

  • The cost of living in Northwood is 2% lower than the Iowa average
  • The cost of living in Northwood is 12% lower than the national average
  • Northwood housing is 44% 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 Northwood

See all the best places to live around Northwood

Compare Northwood, IA Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Northwood?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Northwood?
      Write a review to give others more information about this area.
      See all Northwood poll results

      The best places in Iowa

      Here are the best places to live in IowaCheck out the 10 safest cities in IowaMost Dangerous States In The USMost Dangerous Cities In The US
      Best Places in Iowa

      Salary Calculator

      This is how much you would need to earn in
      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$108,690$9,058$2,536$3,261
      Renters$49,713$4,143$1,160$1,492

      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.
      Bolan, IA101011.0%
      Mona, IA411011.0%
      Otranto, IA01011.0%
      Myrtle, MN717821.6%
      Kensett, IA2928316.8%
      Northwood, IA2,2328812.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Cudjoe Key, FL2,23114241.9%
      Madison, NC2,231919.2%
      Mineralwells, WV2,2319010.4%
      Saint-Damien, QC2,231n/a 
      Mount Zion, GA2,233954.6%
      Northwood, IA2,2328812.4%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026