Storm Lake, IA Cost Of Living
Storm Lake's Overall Cost Of Living
Lower Than The National Average
In Iowa
In America
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.
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 | |
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.
Median Home Value
Median Rent
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
/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 |
