Indianola, IA Cost Of Living

The latest cost of living statistics for Indianola. Includes statistics on rent, mortgages, healthcare, and other costs for Indianola compared to the state and national averages.

Cost of living in Indianola, Iowa

Cost of living in Indianola 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 Indianola 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:

95 Cost of living index 0.9x lower vs US
#56 Cheapest in Iowa (of 85)
#1,818 Cheapest in the U.S. (of 6,489)
$309,171 Median home value
$986 Median rent
$75,453 Median income
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What is the cost of living in Indianola, IA?

According to the most recent data on the cost of living, Indianola has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.

Compared to Iowa, Indianola has a cost of living index that's 1.1x higher than Iowa's index of 90.

The standard of living in Indianola ranks as #56 most affordable out of the 85 places we measured in Iowa. By definition, that implies Indianola ranks as the #29 most expensive place in the Hawkeye State.

For more reading on life in Indianola, check out:

Indianola Cost Of Living Vs. Iowa

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

  • The Services index in Indianola is 94.

  • The Groceries index in Indianola is 95.

  • The Health index in Indianola is 93.

  • The Housing index in Indianola is 95.

  • The Transportation index in Indianola is 91.

  • The Utilities index in Indianola is 98.

Living Expense Indianola Iowa National Average
Overall 95 90 100
Services 94 99 100
Groceries 95 95 100
Health 93 75 100
Housing 95 97 100
Transportation 91 93 100
Utilities 98 94 100

Indianola Cost Of Living Compared To Iowa Averages

Services
Indianola 94
Iowa avg 99
Groceries
Indianola 95
Iowa avg 95
Health
Indianola 93
Iowa avg 75
Housing
Indianola 95
Iowa avg 97
Transportation
Indianola 91
Iowa avg 93
Utilities
Indianola 98
Iowa avg 94

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Iowa, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Indianola, IA Housing Cost Breakdown

$309,171Median Home Value
$986Median Rent
$75,453Median Income

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 Indianola is $309,171.

  • The Median Rent in Indianola is $986.

  • The Median Income in Indianola is $75,453.

  • The Home Value To Income in Indianola is 4.1x.

  • The Rent To Monthly Income in Indianola is 0.16x.

Statistic Indianola Iowa United States
Median Home Value $309,171 $231,584 $332,700
Median Rent $986 $972 $1,413
Median Income $75,453 $75,059 $80,734
Home Value To Income 4.1x 3.1x 4.1x
Rent To Monthly Income 0.16x 0.16x 0.21x

Indianola, IA Costs By Category

Detailed Indianola Services costs vs. Iowa
Item Indianola Iowa
Shampoo $1.35 $1.28
Movie $11.17 $12.13
Bowling $20.87 $18
Haircut $20.63 $24.26
Beauty Salon $41.0 $45.56
Detailed Indianola Groceries costs vs. Iowa
Item Indianola Iowa
Ground Beef $6.36 $5.84
Fried Chicken $1.38 $1.57
Milk $4.82 $4.67
Potatoes $4.81 $4.93
Pizza $11.84 $12.09
Beer $9.82 $10.41
Toothpaste $3.69 $3.7
Detailed Indianola Health costs vs. Iowa
Item Indianola Iowa
Optometrist $125.17 $125.68
Doctor $129.05 $135.78
Dentist $96.6 $113.29
Detailed Indianola Transportation costs vs. Iowa
Item Indianola Iowa
Gasoline $3.19 $3.46
Tire Balancing $52.49 $59.92
Detailed Indianola Utilities costs vs. Iowa
Item Indianola Iowa
All Electricity $154.71 $193.99
Phone $186.87 $192.25

Indianola SnackAbility

8Overall SnackAbility
Jobs 8/10
Housing 7/10
Affordability 8.5/10
Diversity 4/10
Safety 5/10
Amenities 8/10
Education 8.5/10
Commute 8.5/10

Cost Of Living In Cities Around Indianola

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

  • Ankeny, IA has a cost of living index of 106, 1.1x Indianola.

  • West Des Moines, IA has a cost of living index of 103, 1.1x Indianola.

  • Ames, IA has a cost of living index of 101, 1.1x Indianola.

City Population Cost Of Living Vs. Indianola
Ankeny, IA 72,615 106 1.1x
West Des Moines, IA 71,083 103 1.1x
Ames, IA 67,669 101 1.1x
Urbandale, IA 46,595 107 1.1x
Waukee, IA 29,236 104 1.1x
Johnston, IA 24,384 110 1.2x
Altoona, IA 21,495 99 1.0x
Clive, IA 19,012 110 1.2x
Grimes, IA 16,366 103 1.1x
Norwalk, IA 14,183 101 1.1x