Cost of living in Manchester 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 Manchester 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 Manchester is 89, with 100 being the average.
The cost of living index in Manchester is 0.9x lower than the national average.
Manchester ranks as the #42 cheapest in Iowa out of 80.
Manchester ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Manchester is $114,100.
The median income in Manchester is $53,487.
According to the most recent data on the cost of living, Manchester has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Iowa, Manchester has a cost of living index that's 1.0x lower than Iowa's index of 89.
The standard of living in Manchester ranks as #42 most affordable out of the 80 places we measured in Iowa. By definition, that implies Manchester ranks as the #38 most expensive place in the Hawkeye State.
For more reading on life in Manchester, check out:
Six factors go into calculating the cost of living index in Manchester. Here is how it fairs on each of the criteria:
The Services index in Manchester is 99.
The Groceries index in Manchester is 98.
The Health index in Manchester is 108.
The Housing index in Manchester is 58.
The Transportation index in Manchester is 97.
The Utilities index in Manchester is 109.
|Living Expense||Manchester||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 Manchester is $114,100.
The Median Rent in Manchester is $710.
The Median Income in Manchester is $53,487.
The Home Value To Income in Manchester is 2.1x.
The Rent To Monthly Income in Manchester is 0.16x.
|Median Home Value||$114,100||$160,700||$244,900|
|Home Value To Income||2.1x||2.5x||3.5x|
|Rent To Monthly Income||0.16x||0.15x||0.2x|
The cost of living varies in the cities and towns around Manchester. Here's a quick look at the cost of living in the most populous nearby places:
Cedar Rapids, IA has a cost of living index of 94, 1.1x Manchester.
Dubuque, IA has a cost of living index of 88, 1.0x Manchester.
Marion, IA has a cost of living index of 95, 1.1x Manchester.
|City||Population||Cost Of Living||Vs. Manchester|
|Cedar Rapids, IA||136,512||94||1.1x|
|La Porte, IN||21,993||83||0.9x|
|Prairie du Chien, WI||5,549||86||1.0x|