Des Moines, IA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Des Moines, IA Summary

Cost of living in Des Moines research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Des Moines is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Iowa, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Des Moines is 88, with 100 being the average.

  • The cost of living index in Des Moines is 0.9x lower than the national average.

  • Des Moines ranks as the #37 cheapest in Iowa out of 80.

  • Des Moines ranks as the #1,278 cheapest out of 6,412 in the US.

  • The median home value in Des Moines is $149,700.

  • The median income in Des Moines is $58,444.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
88
Des Moines's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Des Moines, IA?

According to the most recent data on the cost of living, Des Moines has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.

Compared to Iowa, Des Moines has a cost of living index that's 1.0x lower than Iowa's index of 89.

The standard of living in Des Moines ranks as #37 most affordable out of the 80 places we measured in Iowa. By definition, that implies Des Moines ranks as the #43 most expensive place in the Hawkeye State.

For more reading on life in Des Moines, check out:

37 out of 80
In Iowa
1,278 out of 6,412
In America

Des Moines Cost Of Living Vs. Iowa

Six factors go into calculating the cost of living index in Des Moines. Here is how it fairs on each of the criteria:

  • The Services index in Des Moines is 95.

  • The Groceries index in Des Moines is 93.

  • The Health index in Des Moines is 91.

  • The Housing index in Des Moines is 71.

  • The Transportation index in Des Moines is 98.

  • The Utilities index in Des Moines is 90.

Living Expense Des Moines Iowa National Average
Overall 88 89 100
Services 95 95 100
Groceries 93 98 100
Health 91 99 100
Housing 71 73 100
Transportation 98 98 100
Utilities 90 94 100
For more reading on cost of living around Iowa, check out:
Des Moines Cost of Living Vs. IA

Des Moines, 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 2017-2021. The key points are:

  • The Median Home Value in Des Moines is $149,700.

  • The Median Rent in Des Moines is $916.

  • The Median Income in Des Moines is $58,444.

  • The Home Value To Income in Des Moines is 2.6x.

  • The Rent To Monthly Income in Des Moines is 0.19x.

Statistic Des Moines Iowa United States
Median Home Value $149,700 $160,700 $244,900
Median Rent $916 $845 $1,163
Median Income $58,444 $65,429 $69,021
Home Value To Income 2.6x 2.5x 3.5x
Rent To Monthly Income 0.19x 0.15x 0.2x
Search Homes For Sale In Des Moines, IA
$149,700
Median Home Value
$916
Median Rent
$58,444
Median Income

Des Moines, IA Costs By Category

Detailed Des Moines Services Costs Vs. Iowa

Item Des Moines Iowa
Shampoo $1.23 $1.06
Movie $8.99 $10.68
Bowling $16.34 $14.67
Haircut $17.02 $18.62
Beauty Salon $32.13 $39.05

Detailed Des Moines Groceries Costs Vs. Iowa

Item Des Moines Iowa
Ground Beef $3.15 $4.22
Fried Chicken $1.51 $1.39
Milk $2.18 $2.05
Potatoes $2.25 $3.29
Pizza $9.99 $10.62
Beer $8.94 $9.38
Toothpaste $1.81 $2.34

Detailed Des Moines Health Costs Vs. Iowa

Item Des Moines Iowa
Optometrist $108.45 $108.57
Doctor $110.85 $116.17
Dentist $82.19 $99.13

Detailed Des Moines Transportation Costs Vs. Iowa

Item Des Moines Iowa
Gasoline $2.17 $2.22
Tire Balancing $49.09 $50.07

Detailed Des Moines Utilities Costs Vs. Iowa

Item Des Moines Iowa
All Electricity $135.13 $167.67
Phone $180.81 $175.64

Des Moines SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
7
Affordability
8
Diversity
9
Safety
3
Amenities
9
Education
7
Commute
9

Cost Of Living In Cities Around Des Moines

The cost of living varies in the cities and towns around Des Moines. Here's a quick look at the cost of living in the most populous nearby places:

  • West Des Moines, IA has a cost of living index of 99, 1.1x Des Moines.

  • Ankeny, IA has a cost of living index of 96, 1.1x Des Moines.

  • Urbandale, IA has a cost of living index of 99, 1.1x Des Moines.

City Population Cost Of Living Vs. Des Moines
West Des Moines, IA 67,640 99 1.1x
Ankeny, IA 66,346 96 1.1x
Urbandale, IA 45,037 99 1.1x
Waukee, IA 23,441 95 1.1x
Johnston, IA 23,418 104 1.2x
Altoona, IA 19,345 93 1.1x
Clive, IA 18,323 102 1.2x
Grimes, IA 14,842 98 1.1x
Norwalk, IA 12,592 91 1.0x
Pleasant Hill, IA 10,203 94 1.1x

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