A-
6%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
31%
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 Waukee Iowa National
Cost of living10689100
Groceries9997100
Health care9796100
Housing13174100
Transportation9697100
Utilities9795100
Lifestyle & Entertainment9195100
Household Items9897100
Education & Childcare9094100
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An Overview of Cost of Living in Waukee, IA

The cost of living in Waukee affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Waukee is 106, which is 6% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.

Everyday expenditures like food, housing, lifestyle expenses, transportation and health care in Waukee are priced in a manner consistent with other areas. This means that residents of Waukee can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.

Housing costs make up a big chunk of the cost of living in Waukee, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 30.8% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.

What Do Locals Say About the Cost of Living in Waukee?

The most insightful perspective on a city comes from its residents. We recently surveyed 12 locals to gauge their perception of the cost of living in Waukee. The feedback revealed that 42% of respondents found the cost of living to be reasonable, with prices on the decline, while 58% regarded it as notably expensive with prices that continue to rise.

Is Waukee Affordable?

Wondering if Waukee is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Waukee, for example, the median home price is 36.7% higher than what folks pay nationally, and monthly rent is 17.1% higher than the usual rates. Plus, income levels matter too, with Waukee boasting a median household income of $140,513, which is 72.8% higher than the national average.

What Factors can Influence the Cost of Living in Waukee?

Utilities: As with the prices of anything else, utility costs can exhibit significant variations, contingent on factors like climate, energy source availability, geographic location and state regulations. The expenses associated with electricity, water, heating, and waste disposal can fluctuate, either upward or downward, depending on the particular city or state. In Waukee, the utilities index registers 2.8% lower than the national average.

Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.

Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Waukee, the transportation index is 4% lower than the national average.

Where is the Data From?

The cost of living estimates displayed for Waukee are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.

Cost Of Living Quick Facts

  • The cost of living in Waukee is 19% higher than the Iowa average
  • The cost of living in Waukee is 6% higher than the national average
  • Waukee housing is 31% 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 Waukee

See all the best places to live around Waukee

Compare Waukee, IA Cost of Living

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      Cost of living index
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      Utilities index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$169,883$14,157$3,964$5,097
      Renters$102,256$8,521$2,386$3,068
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Waukee, IA, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Waukee homeowners, is $169,883. This would allow for a maximum of $3,964 per month to be spent on housing costs. For renters, the median monthly income is $102,256 which would result in a maximum of $2,386 to be spent on rental costs.

      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.
      Spring Hill, IA498614.5%
      Minburn, IA4138811.6%
      De Soto, IA1,011928.3%
      Des Moines, IA221,968918.5%
      Dallas Center, IA1,744954.7%
      Waukee, IA23,1831066.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Hopewell, VA23,190954.9%
      Greenfield, IN23,175945.9%
      Christiansburg, VA23,1911033.2%
      Garden City, NY23,173208107.9%
      Highland, IN23,168963.6%
      Waukee, IA23,1831066.3%
      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.