Iowa Colony, TX Cost Of Living
Cost Of Living In Iowa Colony, TX Summary
Cost of living in Iowa Colony 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 Iowa Colony is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, 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 Iowa Colony is 106, with 100 being the average.
The cost of living index in Iowa Colony is 1.1x higher than the national average.
Iowa Colony ranks as the #284 cheapest in Texas out of 414.
Iowa Colony ranks as the #3,278 cheapest out of 6,489 in the US.
The median home value in Iowa Colony is $345,196.
The median income in Iowa Colony is $126,167.
Table Of Contents
Iowa Colony's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Iowa Colony, TX?
According to the most recent data on the cost of living, Iowa Colony has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Texas, Iowa Colony has a cost of living index that's 1.2x higher than Texas's index of 92.
The standard of living in Iowa Colony ranks as #284 most affordable out of the 414 places we measured in Texas. By definition, that implies Iowa Colony ranks as the #130 most expensive place in the Lone Star State.
For more reading on life in Iowa Colony, check out:
In Texas
In America
Iowa Colony Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Iowa Colony. Here is how it fairs on each of the criteria:
The Services index in Iowa Colony is 101.
The Groceries index in Iowa Colony is 102.
The Health index in Iowa Colony is 95.
The Housing index in Iowa Colony is 120.
The Transportation index in Iowa Colony is 91.
The Utilities index in Iowa Colony is 104.
| Living Expense | Iowa Colony | Texas | National Average | |
|---|---|---|---|---|
| Overall | 106 | 92 | 100 | |
| Services | 101 | 97 | 100 | |
| Groceries | 102 | 97 | 100 | |
| Health | 95 | 93 | 100 | |
| Housing | 120 | 82 | 100 | |
| Transportation | 91 | 94 | 100 | |
| Utilities | 104 | 104 | 100 | |
Iowa Colony, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Iowa Colony is $345,196.
The Median Rent in Iowa Colony is $2,188.
The Median Income in Iowa Colony is $126,167.
The Home Value To Income in Iowa Colony is 2.7x.
The Rent To Monthly Income in Iowa Colony is 0.21x.
| Statistic | Iowa Colony | Texas | United States |
|---|---|---|---|
| Median Home Value | $345,196 | $298,905 | $303,400 |
| Median Rent | $2,188 | $1,339 | $1,348 |
| Median Income | $126,167 | $76,292 | $78,538 |
| Home Value To Income | 2.7x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Iowa Colony, TX Costs By Category
Detailed Iowa Colony Services Costs Vs. Texas
| Item | Iowa Colony | Texas |
|---|---|---|
| Shampoo | $1.22 | $1.28 |
| Movie | $12.19 | $12.13 |
| Bowling | $15.83 | $18 |
| Haircut | $20.33 | $24.26 |
| Beauty Salon | $47.38 | $45.56 |
Detailed Iowa Colony Groceries Costs Vs. Texas
| Item | Iowa Colony | Texas |
|---|---|---|
| Ground Beef | $5.25 | $5.84 |
| Fried Chicken | $1.61 | $1.57 |
| Milk | $4.55 | $4.67 |
| Potatoes | $5.0 | $4.93 |
| Pizza | $11.82 | $12.09 |
| Beer | $10.38 | $10.41 |
| Toothpaste | $3.48 | $3.7 |
Detailed Iowa Colony Health Costs Vs. Texas
| Item | Iowa Colony | Texas |
|---|---|---|
| Optometrist | $125.98 | $125.68 |
| Doctor | $90.89 | $135.78 |
| Dentist | $108.1 | $113.29 |
Detailed Iowa Colony Transportation Costs Vs. Texas
| Item | Iowa Colony | Texas |
|---|---|---|
| Gasoline | $3.14 | $3.46 |
| Tire Balancing | $56.62 | $59.92 |
Detailed Iowa Colony Utilities Costs Vs. Texas
| Item | Iowa Colony | Texas |
|---|---|---|
| All Electricity | $233.43 | $193.99 |
| Phone | $208.71 | $192.25 |
Iowa Colony SnackAbility
/10
Cost Of Living In Cities Around Iowa Colony
The cost of living varies in the cities and towns around Iowa Colony. Here's a quick look at the cost of living in the most populous nearby places:
Pearland, TX has a cost of living index of 113, 1.1x Iowa Colony.
Sugar Land, TX has a cost of living index of 122, 1.2x Iowa Colony.
Friendswood, TX has a cost of living index of 118, 1.1x Iowa Colony.
| City | Population | Cost Of Living | Vs. Iowa Colony |
|---|---|---|---|
| Pearland, TX | 125,983 | 113 | 1.1x |
| Sugar Land, TX | 109,735 | 122 | 1.2x |
| Friendswood, TX | 40,827 | 118 | 1.1x |
| Alvin, TX | 27,700 | 99 | 0.9x |
| Fresno, TX | 24,087 | 107 | 1.0x |
| Stafford, TX | 17,279 | 103 | 1.0x |
| Bellaire, TX | 17,116 | 185 | 1.7x |
| West University Place, TX | 14,907 | 225 | 2.1x |
| Manvel, TX | 12,873 | 106 | 1.0x |
