Cost Of Living in Underwood, IA

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A+

7%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

16%

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	Underwood	Iowa	National
Cost of living	93	89	100
Groceries	99	97	100
Health care	94	96	100
Housing	84	74	100
Transportation	98	97	100
Utilities	98	95	100
Lifestyle & Entertainment	96	95	100
Household Items	97	97	100
Education & Childcare	96	94	100

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Homes For Sale In Underwood, IA

25091 Jaguar Loop

Underwood, IA

124 Sunset Dr

Underwood, IA

105.56 AC Magnolia RD

UNDERWOOD, IA

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Cost Of Living Quick Facts

The cost of living in Underwood is 4% higher than the Iowa average
The cost of living in Underwood is 7% lower than the national average
Underwood housing is 16% 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

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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	$126,546	$10,546	$2,953	$3,797
Renters	$49,297	$4,108	$1,150	$1,479

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.
Loveland, IA	0	99	1.2%
Weston, IA	144	97	3.0%
Tennant, IA	78	80	19.8%
Missouri Valley, IA	2,675	87	12.6%
Persia, IA	351	86	13.8%
Underwood, IA	986	93	6.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Chumuckla, FL	986	103	2.8%
Shellman, GA	986	83	16.8%
Oreana, IL	986	88	11.9%
Dublin, IN	986	82	17.8%
Kenansville, NC	986	83	16.7%
Underwood, IA	986	93	6.8%