What is the cost of living in Ankeny, IA?
According to the most recent data on the cost of living, Ankeny has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Iowa, Ankeny has a cost of living index that's 1.2x higher than Iowa's index of 90.
The standard of living in Ankeny ranks as #79 most affordable out of the 85 places we measured in Iowa. By definition, that implies Ankeny ranks as the #6 most expensive place in the Hawkeye State.
For more reading on life in Ankeny, check out:
Ankeny Cost Of Living Vs. Iowa
Six factors go into calculating the cost of living index in Ankeny. Here is how it fares on each of the criteria:
The Services index in Ankeny is 97.
The Groceries index in Ankeny is 96.
The Health index in Ankeny is 128.
The Housing index in Ankeny is 94.
The Transportation index in Ankeny is 99.
The Utilities index in Ankeny is 92.
| Living Expense | Ankeny | Iowa | National Average |
|---|---|---|---|
| Overall | 106 | 90 | 100 |
| Services | 97 | 99 | 100 |
| Groceries | 96 | 95 | 100 |
| Health | 128 | 75 | 100 |
| Housing | 94 | 97 | 100 |
| Transportation | 99 | 93 | 100 |
| Utilities | 92 | 94 | 100 |
Ankeny Cost Of Living Compared To Iowa Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Iowa, check out:
Protect your home budget Compare home warranties in Ankeny Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Ankeny, IA Housing Cost Breakdown
Housing swings affordability the most between places in Iowa, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Ankeny is $338,168.
The Median Rent in Ankeny is $1,319.
The Median Income in Ankeny is $108,198.
The Home Value To Income in Ankeny is 3.1x.
The Rent To Monthly Income in Ankeny is 0.15x.
Ankeny, IA Costs By Category
Detailed Ankeny Services costs vs. Iowa
Detailed Ankeny Groceries costs vs. Iowa
Detailed Ankeny Health costs vs. Iowa
Detailed Ankeny Transportation costs vs. Iowa
Ankeny SnackAbility
Cost Of Living In Cities Around Ankeny
The cost of living varies in the cities and towns around Ankeny. Here's a quick look at the cost of living in the most populous nearby places:
Des Moines, IA has a cost of living index of 90, 0.8x Ankeny.
West Des Moines, IA has a cost of living index of 103, 1.0x Ankeny.
Urbandale, IA has a cost of living index of 107, 1.0x Ankeny.
| City | Population | Cost Of Living | Vs. Ankeny |
|---|---|---|---|
| Des Moines, IA | 212,421 | 90 | 0.8x |
| West Des Moines, IA | 71,083 | 103 | 1.0x |
| Urbandale, IA | 46,595 | 107 | 1.0x |
| Waukee, IA | 29,236 | 104 | 1.0x |
| Johnston, IA | 24,384 | 110 | 1.0x |
| Altoona, IA | 21,495 | 99 | 0.9x |
| Clive, IA | 19,012 | 110 | 1.0x |
| Grimes, IA | 16,366 | 103 | 1.0x |
| Norwalk, IA | 14,183 | 101 | 1.0x |
| Pleasant Hill, IA | 11,136 | 103 | 1.0x |
