University Park cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexUniversity ParkIowaNational
Cost of living index8189100
IndexUniversity ParkIowaNational
Goods & Services index8995100
Groceries index9094100
Health care index9797100
Housing index5473100
Transportation index9999100
Utilities index9995100

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Did you know?

  • The cost of living in University Park is 9% lower than the Iowa average.
  • The cost of living in University Park is 19% lower than the national average.
  • The cost of housing in University Park is 46% lower than the national average.
  • Iowa general sales tax is 18% higher than the national average.
  • Iowa state income tax is 84% lower than the national average.

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Compare University Park, IA Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$56,607$4,717$1,321$1,698
Renters$24,375$2,031$569$731

Iowa Sales Tax

StateGeneral Sales TaxWith Max Surtax
Iowa6%7%

Iowa Income Tax

StateIncome Tax (Low)Income Tax (High)
Iowa0.36%8.98%

Goods & Services

ItemUniversity ParkNational avg.Difference
Haircut $14.97$16.096.9%
Beauty Salon $31.92$37.3314.5%
Toothpaste $1.86$2.4524.1%
Shampoo $0.97$1.003.1%
Movie $9.04$10.2812.1%
Bowling $4.58$4.937.1%

Groceries

ItemUniversity ParkNational avg.Difference
Ground Beef $3.07$3.8019.2%
Fried Chicken $1.60$1.4014.8%
Milk $1.79$2.0110.8%
Potatoes $2.02$3.0133.0%
Pizza $9.16$9.897.4%
Beer $8.62$8.903.1%

Health Care

ItemUniversity ParkNational avg.Difference
Optometrist $99.16$102.162.9%
Doctor $118.76$108.369.6%
Dentist $78.86$92.5314.8%
Ibuprofen $8.72$9.286.0%
Lipitor $430.12$425.821.0%

Housing

ItemUniversity ParkNational avg.Difference
Home Price $85,900.00$184,700.0053.5%
Avg. Mortgage Payment $1,106.22$1,202.448.0%
Apartment Rent $667.00$949.0029.7%

Transportation

ItemUniversity ParkNational avg.Difference
Gasoline $2.20$2.242.2%
Tire Balancing $46.50$46.290.4%

Utilities

ItemUniversity ParkNational avg.Difference
All Electricity$157.15$165.965.3%
Phone $30.20$28.685.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Delta, IA24672-28%
Rose Hill, IA16074-26%
Thornburg, IA7576-24%
Chillicothe, IA9772-28%
What Cheer, IA72977-23%
University Park, IA55881-19%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Gaston, OR5581077%
Red Jacket, WV55880-20%
Rifton, NY55812828%
Gadsden, AZ55889-11%
Clay, WV55881-19%
University Park, IA55881-19%
Source: The University Park, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.