Cost of Living in Olin, IA

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17%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
49%
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 Olin Iowa National
Cost of living8389100
Groceries9597100
Health care9896100
Housing5174100
Transportation9597100
Utilities9395100
Lifestyle & Entertainment9895100
Household Items9897100
Education & Childcare9794100
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Homes For Sale In Olin, IA

property for sale

100 W North St

Olin, IA
property for sale

201 Union St

Olin, IA
property for sale

12802 County Road E45

Olin, IA
property for sale

302 Walnut St

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

Cost Of Living Quick Facts

  • The cost of living in Olin is 8% lower than the Iowa average
  • The cost of living in Olin is 17% lower than the national average
  • Olin housing is 49% 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 Olin

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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$94,221$7,852$2,198$2,827
      Renters$50,320$4,193$1,174$1,510

      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.
      Stone City, IA62963.8%
      Morley, IA487525.2%
      Monmouth, IA1367821.6%
      Oxford Junction, IA4387920.8%
      Toronto, IA848218.0%
      Olin, IA9978317.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Tilden, IL9978217.8%
      Perryville, KY9978515.1%
      Claverack-Red Mills, NY99711616.0%
      Belmont, WV9978218.3%
      Bearden, AR9987822.2%
      Olin, IA9978317.4%
      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.
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