Cost of living in Orange City 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 Orange City 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 Orange City is 94, with 100 being the average.
The cost of living index in Orange City is 0.9x lower than the national average.
Orange City ranks as the #61 cheapest in Iowa out of 80.
Orange City ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Orange City is $198,100.
The median income in Orange City is $73,221.
According to the most recent data on the cost of living, Orange City has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Iowa, Orange City has a cost of living index that's 1.1x higher than Iowa's index of 89.
The standard of living in Orange City ranks as #61 most affordable out of the 80 places we measured in Iowa. By definition, that implies Orange City ranks as the #19 most expensive place in the Hawkeye State.
For more reading on life in Orange City, check out:
Six factors go into calculating the cost of living index in Orange City. Here is how it fairs on each of the criteria:
The Services index in Orange City is 98.
The Groceries index in Orange City is 100.
The Health index in Orange City is 96.
The Housing index in Orange City is 82.
The Transportation index in Orange City is 96.
The Utilities index in Orange City is 97.
|Living Expense||Orange City||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 Orange City is $198,100.
The Median Rent in Orange City is $713.
The Median Income in Orange City is $73,221.
The Home Value To Income in Orange City is 2.7x.
The Rent To Monthly Income in Orange City is 0.12x.
|Statistic||Orange City||Iowa||United States|
|Median Home Value||$198,100||$160,700||$244,900|
|Home Value To Income||2.7x||2.5x||3.5x|
|Rent To Monthly Income||0.12x||0.15x||0.2x|