Iowa Colony, TX Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 100, with 100 being the average.

  • The cost of living index in Iowa Colony is 1.0x lower than the national average.

  • Iowa Colony ranks as the #315 cheapest in Texas out of 405.

  • Iowa Colony ranks as the #3,149 cheapest out of 6,412 in the US.

  • The median home value in Iowa Colony is $260,300.

  • The median income in Iowa Colony is $93,732.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
100
Iowa Colony's Overall Cost Of Living
1.0x
Lower 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 100, which is 1.0x lower than the national index of 100.

Compared to Texas, Iowa Colony has a cost of living index that's 1.1x higher than Texas's index of 92.

The standard of living in Iowa Colony ranks as #315 most affordable out of the 405 places we measured in Texas. By definition, that implies Iowa Colony ranks as the #90 most expensive place in the Lone Star State.

For more reading on life in Iowa Colony, check out:

315 out of 405
In Texas
3,149 out of 6,412
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 90.

  • The Health index in Iowa Colony is 100.

  • The Housing index in Iowa Colony is 98.

  • The Transportation index in Iowa Colony is 98.

  • The Utilities index in Iowa Colony is 113.

Living Expense Iowa Colony Texas National Average
Overall 100 92 100
Services 101 96 100
Groceries 90 93 100
Health 100 93 100
Housing 98 84 100
Transportation 98 92 100
Utilities 113 104 100
For more reading on cost of living around Texas, check out:
Iowa Colony Cost of Living Vs. TX

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 2017-2021. The key points are:

  • The Median Home Value in Iowa Colony is $260,300.

  • The Median Rent in Iowa Colony is -.

  • The Median Income in Iowa Colony is $93,732.

  • The Home Value To Income in Iowa Colony is 2.8x.

  • The Rent To Monthly Income in Iowa Colony is nanx.

Statistic Iowa Colony Texas United States
Median Home Value $260,300 $202,600 $244,900
Median Rent - $1,146 $1,163
Median Income $93,732 $67,321 $69,021
Home Value To Income 2.8x 3.0x 3.5x
Rent To Monthly Income nanx 0.2x 0.2x
Search Homes For Sale In Iowa Colony, TX
$260,300
Median Home Value
-
Median Rent
$93,732
Median Income

Iowa Colony, TX Costs By Category

Detailed Iowa Colony Services Costs Vs. Texas

Item Iowa Colony Texas
Shampoo $0.96 $1.06
Movie $9.78 $10.68
Bowling $20.8 $14.67
Haircut $19.27 $18.62
Beauty Salon $61.37 $39.05

Detailed Iowa Colony Groceries Costs Vs. Texas

Item Iowa Colony Texas
Ground Beef $4.05 $4.22
Fried Chicken $1.13 $1.39
Milk $1.58 $2.05
Potatoes $2.87 $3.29
Pizza $9.65 $10.62
Beer $9.84 $9.38
Toothpaste $2.25 $2.34

Detailed Iowa Colony Health Costs Vs. Texas

Item Iowa Colony Texas
Optometrist $119.84 $108.57
Doctor $88.11 $116.17
Dentist $111.03 $99.13

Detailed Iowa Colony Transportation Costs Vs. Texas

Item Iowa Colony Texas
Gasoline $1.92 $2.22
Tire Balancing $56.85 $50.07

Detailed Iowa Colony Utilities Costs Vs. Texas

Item Iowa Colony Texas
All Electricity $199.99 $167.67
Phone $183.98 $175.64

Iowa Colony SnackAbility

8
/10
Overall SnackAbility
Jobs
8/10
Housing
8
Affordability
8.5
Diversity
10
Safety
8
Amenities
6
Education
8
Commute
2

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 102, 1.0x Iowa Colony.

  • Sugar Land, TX has a cost of living index of 117, 1.2x Iowa Colony.

  • Friendswood, TX has a cost of living index of 109, 1.1x Iowa Colony.

City Population Cost Of Living Vs. Iowa Colony
Pearland, TX 122,609 102 1.0x
Sugar Land, TX 110,272 117 1.2x
Friendswood, TX 40,780 109 1.1x
Alvin, TX 26,982 91 0.9x
Fresno, TX 23,921 96 1.0x
Bellaire, TX 17,262 173 1.7x
Stafford, TX 17,170 98 1.0x
West University Place, TX 14,975 195 1.9x
Manvel, TX 10,139 99 1.0x

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