Marshalltown, IA Cost Of Living

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

Cost of living in Marshalltown, Iowa

Cost of living in Marshalltown 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 Marshalltown 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:

83 Cost of living index 0.8x lower vs US
#6 Cheapest in Iowa (of 85)
#162 Cheapest in the U.S. (of 6,489)
$173,581 Median home value
$891 Median rent
$69,068 Median income
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What is the cost of living in Marshalltown, IA?

According to the most recent data on the cost of living, Marshalltown has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.

Compared to Iowa, Marshalltown has a cost of living index that's 0.9x lower than Iowa's index of 90.

The standard of living in Marshalltown ranks as #6 most affordable out of the 85 places we measured in Iowa. By definition, that implies Marshalltown ranks as the #79 most expensive place in the Hawkeye State.

For more reading on life in Marshalltown, check out:

Marshalltown Cost Of Living Vs. Iowa

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

  • The Services index in Marshalltown is 96.

  • The Groceries index in Marshalltown is 96.

  • The Health index in Marshalltown is 61.

  • The Housing index in Marshalltown is 97.

  • The Transportation index in Marshalltown is 93.

  • The Utilities index in Marshalltown is 94.

Living Expense Marshalltown Iowa National Average
Overall 83 90 100
Services 96 99 100
Groceries 96 95 100
Health 61 75 100
Housing 97 97 100
Transportation 93 93 100
Utilities 94 94 100

Marshalltown Cost Of Living Compared To Iowa Averages

Services
Marshalltown 96
Iowa avg 99
Groceries
Marshalltown 96
Iowa avg 95
Health
Marshalltown 61
Iowa avg 75
Housing
Marshalltown 97
Iowa avg 97
Transportation
Marshalltown 93
Iowa avg 93
Utilities
Marshalltown 94
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

Marshalltown, IA Housing Cost Breakdown

$173,581Median Home Value
$891Median Rent
$69,068Median 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 Marshalltown is $173,581.

  • The Median Rent in Marshalltown is $891.

  • The Median Income in Marshalltown is $69,068.

  • The Home Value To Income in Marshalltown is 2.5x.

  • The Rent To Monthly Income in Marshalltown is 0.15x.

Statistic Marshalltown Iowa United States
Median Home Value $173,581 $231,584 $332,700
Median Rent $891 $972 $1,413
Median Income $69,068 $75,059 $80,734
Home Value To Income 2.5x 3.1x 4.1x
Rent To Monthly Income 0.15x 0.16x 0.21x

Marshalltown, IA Costs By Category

Detailed Marshalltown Services costs vs. Iowa
Item Marshalltown Iowa
Shampoo $1.42 $1.28
Movie $8.29 $12.13
Bowling $20.0 $18
Haircut $24.39 $24.26
Beauty Salon $40.5 $45.56
Detailed Marshalltown Groceries costs vs. Iowa
Item Marshalltown Iowa
Ground Beef $6.53 $5.84
Fried Chicken $1.36 $1.57
Milk $4.72 $4.67
Potatoes $5.02 $4.93
Pizza $12.12 $12.09
Beer $9.65 $10.41
Toothpaste $3.81 $3.7
Detailed Marshalltown Health costs vs. Iowa
Item Marshalltown Iowa
Optometrist $159.11 $125.68
Doctor $176.92 $135.78
Dentist $107.0 $113.29
Detailed Marshalltown Transportation costs vs. Iowa
Item Marshalltown Iowa
Gasoline $3.38 $3.46
Tire Balancing $57.22 $59.92
Detailed Marshalltown Utilities costs vs. Iowa
Item Marshalltown Iowa
All Electricity $182.6 $193.99
Phone $187.02 $192.25

Marshalltown SnackAbility

5Overall SnackAbility
Jobs 6/10
Housing 5/10
Affordability 9/10
Diversity 9/10
Safety 5/10
Amenities 8.5/10
Education 5/10
Commute 9.5/10

Cost Of Living In Cities Around Marshalltown

The cost of living varies in the cities and towns around Marshalltown. 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, 1.1x Marshalltown.

  • Ankeny, IA has a cost of living index of 106, 1.3x Marshalltown.

  • Ames, IA has a cost of living index of 101, 1.2x Marshalltown.

City Population Cost Of Living Vs. Marshalltown
Des Moines, IA 212,421 90 1.1x
Ankeny, IA 72,615 106 1.3x
Ames, IA 67,669 101 1.2x
Cedar Falls, IA 40,888 101 1.2x
Johnston, IA 24,384 110 1.3x
Altoona, IA 21,495 99 1.2x
Boone, IA 12,424 88 1.1x
Pleasant Hill, IA 11,136 103 1.2x
Pella, IA 10,720 100 1.2x
Nevada, IA 6,983 89 1.1x