Cost of Living in St. Olaf, IA

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A+
20%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
56%
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 St. Olaf Iowa National
Cost of living8089100
Groceries9897100
Health care9696100
Housing4474100
Transportation9697100
Utilities9395100
Lifestyle & Entertainment9795100
Household Items9797100
Education & Childcare8994100
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Cost Of Living Quick Facts

  • The cost of living in St. Olaf is 10% lower than the Iowa average
  • The cost of living in St. Olaf is 20% lower than the national average
  • St. Olaf housing is 56% 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 St. Olaf

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Compare St. Olaf, IA Cost of Living

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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$130,752$10,896$3,051$3,923
      Renters$89,696$7,475$2,093$2,691

      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.
      Elkport, IA187524.5%
      Farmersburg, IA3807920.9%
      Osterdock, IA1287920.7%
      Wadena, IA2288020.0%
      Garber, IA1068020.2%
      St. Olaf, IA1348019.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      St. Paul, AR1347623.7%
      East Pleasant View, CO13414342.9%
      Garfield, GA1348317.2%
      Parrott, GA1348020.3%
      Marne, IA1348317.4%
      St. Olaf, IA1348019.8%
      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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