Storm Lake, IA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
88
Storm Lake's Overall Cost Of Living
0.9x
Lower Than The National Average
40 out of 80
In Iowa
1,324 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Storm Lake is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Storm Lake, IA?

According to the most recent data on the cost of living, Storm Lake has an overall cost of living index of 88 which is 0.9x lower than the national index of 100.

Compared to only Iowa, Storm Lake has a cost of living index that's 1.0x lower than Iowa's index of 90.

The standard of living in Storm Lake ranks as #1,324 most affordable out of the 6,522 places we measured in Iowa. By definition, that implies Storm Lake ranks as the #5,083 most expensive place in the Hawkeye State.

For more reading on life in Storm Lake, check out:

Storm Lake Cost Of Living Vs. Iowa

Living Expense Storm Lake Iowa National Average
Overall 88 90 100
Services 101 96 100
Groceries 99 98 100
Health 101 100 100
Housing 61 73 100
Transportation 103 101 100
Utilities 90 98 100
For more reading on cost of living around Iowa, check out:
Storm Lake Cost of Living Vs. IA

Storm Lake, IA Housing Cost Breakdown

Housing swings affordability the most between places in Iowa, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$121,300
Median Home Value
$695
Median Rent
$50,565
Median Income
Statistic Storm Lake Iowa United States
Median Home Value $121,300 $147,800 $217,500
Median Rent $695 $789 $1,062
Median Income $50,565 $60,523 $62,843
Home Value To Income 2.4x 2.4x 3.5x
Rent To Monthly Income 0.16x 0.16x 0.2x

Detailed Storm Lake Services Costs Vs. Iowa

Item Storm Lake Iowa
Shampoo $1.19 $1.01
Movie $8.63 $10.72
Bowling $17.5 $13.86

Detailed Storm Lake Groceries Costs Vs. Iowa

Item Storm Lake Iowa
Ground Beef $3.78 $3.9
Fried Chicken $1.62 $1.4
Milk $2.04 $1.96

Detailed Storm Lake Health Costs Vs. Iowa

Item Storm Lake Iowa
Haircut $21.6 $17.49
Beauty Salon $30.25 $38.17
Toothpaste $2.52 $2.32

Detailed Storm Lake Transportation Costs Vs. Iowa

Item Storm Lake Iowa
Potatoes $2.7 $3.18
Pizza $9.76 $10.39
Beer $8.56 $9.23
Optometrist $109.5 $106.34
Doctor $122.0 $115.25
Dentist $92.75 $98.38

Detailed Storm Lake Utilities Costs Vs. Iowa

Item Storm Lake Iowa
Gasoline $2.59 $2.59
Tire Balancing $53.96 $48.9
All Electricity $139.59 $167.6
Phone $177.99 $163.42

Storm Lake SnackAbility

5
/10
Overall SnackAbility
Jobs
5/10
Housing
5
Affordability
8.5
Diversity
10
Safety
6
Amenities
8.5
Education
4
Commute
10

Cost Of Living In Cities Around Storm Lake

City Population Cost Of Living Vs. Storm Lake
Spencer, IA 11,052 86 1.0x
Carroll, IA 9,904 91 1.0x
Denison, IA 8,337 82 0.9x
Sheldon, IA 5,128 88 1.0x

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