Cost of Living in Solon, IA

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A-
6%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
28%
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 Solon Iowa National
Cost of living10689100
Groceries9597100
Health care9896100
Housing12874100
Transportation9897100
Utilities9695100
Lifestyle & Entertainment9595100
Household Items9597100
Education & Childcare9694100
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Homes For Sale In Solon, IA

property for sale

401 S Market St

Solon, IA
property for sale

1570 Volmert Ln NE

Solon, IA
property for sale

220 W Main St

Solon, IA
property for sale

2488 Sugar Bottom Rd NE

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

Cost Of Living Quick Facts

  • The cost of living in Solon is 18% higher than the Iowa average
  • The cost of living in Solon is 6% higher than the national average
  • Solon housing is 28% higher 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 Solon

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      Salary Calculator

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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$152,189$12,682$3,551$4,566
      Renters$64,738$5,395$1,510$1,942

      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.
      Morley, IA487525.2%
      Mechanicsville, IA1,0098415.8%
      Martelle, IA3178614.3%
      Cedar Rapids, IA136,032919.3%
      Lisbon, IA2,213946.3%
      Solon, IA2,7471065.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      New Boston, OH2,7477822.0%
      Lake Wazeecha, WI2,747937.5%
      Homedale, ID2,7468614.2%
      Chatfield, MN2,746981.9%
      Lisbon, OH2,7468416.3%
      Solon, IA2,7471065.8%
      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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