Vinton 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.
Cost of living index9090100
Goods & Services index10396100
Groceries index9798100
Health care index113100100
Housing index6173100
Transportation index97101100
Utilities index10598100
Displayed above is a general overview of the Vinton, IA cost of living index. The overall cost of living index in Vinton, IA is 90, which is 1% lower than the Iowa average and 10% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Vinton, IA are 7% higher than the Iowa average and 3% higher than the national average.
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Did you know?

  • The cost of living in Vinton is 1% lower than the Iowa average.
  • The cost of living in Vinton is 10% lower than the national average.
  • The cost of housing in Vinton is 39% 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.

Compare Vinton, IA Cost of living To Other Cities

Salary Calculator

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Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Vinton, IA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Vinton, IA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Vinton, IA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Vinton, IA, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Vinton, IA homeowners have a median income of $56,204. Using that number, you will come up with a maximum of $1,311 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $20,878, which means there is a maximum of $487 to be spent on the costs of renting a home or apartment.

Iowa Sales Tax

StateGeneral Sales TaxWith Max Surtax

Iowa Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Vinton, IA and want to know what the true cost of living is, they ought to look at both the Iowa income tax rate and the Iowa sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Iowa, the sales tax is 6%, while the most you'll pay in surtax is 7%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Iowa, the income tax rate ranges between 0.36% to 8.98%.

Goods & Services

ItemVintonNational avg.Difference
Haircut $19.04$17.498.9%
Beauty Salon $38.25$38.170.2%
Toothpaste $2.74$2.3218.1%
Shampoo $0.84$1.0117.0%
Movie $9.53$10.7211.1%
Bowling $15.25$13.8610.0%


ItemVintonNational avg.Difference
Ground Beef $3.96$3.901.5%
Fried Chicken $1.76$1.4026.1%
Milk $2.19$1.9611.6%
Potatoes $2.96$3.187.0%
Pizza $10.69$10.392.8%
Beer $8.91$9.233.5%

Health Care

ItemVintonNational avg.Difference
Optometrist $115.33$106.348.5%
Doctor $113.50$115.251.5%
Dentist $127.50$98.3829.6%
Ibuprofen $9.15$9.261.2%
Lipitor $515.99$466.4710.6%


ItemVintonNational avg.Difference
Home Price $115,000.00$184,700.0037.7%
Avg. Mortgage Payment $1,190.88$1,273.326.5%
Apartment Rent $559.00$949.0041.1%


ItemVintonNational avg.Difference
Gasoline $2.57$2.591.0%
Tire Balancing $46.67$48.904.6%


ItemVintonNational avg.Difference
All Electricity$186.17$167.6011.1%
Phone $177.99$163.428.9%
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.
Mount Auburn, IA12075-25%
Garrison, IA35283-17%
Elberon, IA19385-15%
Brandon, IA33078-22%
Rowley, IA28587-13%
Vinton, IA5,16690-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Basehor, KS5,1671033%
Ayden, NC5,16784-16%
Bayou Vista, LA5,16489-11%
Greenbrier, AR5,16482-18%
Mechanicville, NY5,16999-1%
Vinton, IA5,16690-10%
Source: The Vinton, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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