Cost of living in Keokuk 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 Keokuk 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 Keokuk is 78, with 100 being the average.
The cost of living index in Keokuk is 0.8x lower than the national average.
Keokuk ranks as the #3 cheapest in Iowa out of 80.
Keokuk ranks as the #113 cheapest out of 6,412 in the US.
The median home value in Keokuk is $79,500.
The median income in Keokuk is $44,770.
According to the most recent data on the cost of living, Keokuk has an overall cost of living index of 78, which is 0.8x lower than the national index of 100.
Compared to Iowa, Keokuk has a cost of living index that's 0.9x lower than Iowa's index of 89.
The standard of living in Keokuk ranks as #3 most affordable out of the 80 places we measured in Iowa. By definition, that implies Keokuk ranks as the #77 most expensive place in the Hawkeye State.
For more reading on life in Keokuk, check out:
Six factors go into calculating the cost of living index in Keokuk. Here is how it fairs on each of the criteria:
The Services index in Keokuk is 88.
The Groceries index in Keokuk is 97.
The Health index in Keokuk is 101.
The Housing index in Keokuk is 43.
The Transportation index in Keokuk is 94.
The Utilities index in Keokuk is 110.
|Living Expense||Keokuk||Iowa||National Average|
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 Keokuk is $79,500.
The Median Rent in Keokuk is $730.
The Median Income in Keokuk is $44,770.
The Home Value To Income in Keokuk is 1.8x.
The Rent To Monthly Income in Keokuk is 0.2x.
|Median Home Value||$79,500||$160,700||$244,900|
|Home Value To Income||1.8x||2.5x||3.5x|
|Rent To Monthly Income||0.2x||0.15x||0.2x|
The cost of living varies in the cities and towns around Keokuk. Here's a quick look at the cost of living in the most populous nearby places:
Quincy, IL has a cost of living index of 83, 1.1x Keokuk.
Burlington, IA has a cost of living index of 83, 1.1x Keokuk.
Hannibal, MO has a cost of living index of 86, 1.1x Keokuk.