What is the cost of living in Iowa Park, TX?
According to the most recent data on the cost of living, Iowa Park has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Texas, Iowa Park has a cost of living index that's 1.0x lower than Texas's index of 93.
The standard of living in Iowa Park ranks as #131 most affordable out of the 419 places we measured in Texas. By definition, that implies Iowa Park ranks as the #288 most expensive place in the Lone Star State.
For more reading on life in Iowa Park, check out:
Iowa Park Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Iowa Park. Here is how it fares on each of the criteria:
The Services index in Iowa Park is 100.
The Groceries index in Iowa Park is 97.
The Health index in Iowa Park is 67.
The Housing index in Iowa Park is 95.
The Transportation index in Iowa Park is 108.
The Utilities index in Iowa Park is 93.
| Living Expense | Iowa Park | Texas | National Average |
|---|---|---|---|
| Overall | 91 | 93 | 100 |
| Services | 100 | 100 | 100 |
| Groceries | 97 | 99 | 100 |
| Health | 67 | 81 | 100 |
| Housing | 95 | 97 | 100 |
| Transportation | 108 | 103 | 100 |
| Utilities | 93 | 100 | 100 |
Iowa Park Cost Of Living Compared To Texas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Texas, check out:
Protect your home budget Compare home warranties in Iowa Park Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Iowa Park, 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 2020-2024. The key points are:
The Median Home Value in Iowa Park is $192,108.
The Median Rent in Iowa Park is $938.
The Median Income in Iowa Park is $66,622.
The Home Value To Income in Iowa Park is 2.9x.
The Rent To Monthly Income in Iowa Park is 0.17x.
Iowa Park, TX Costs By Category
Detailed Iowa Park Services costs vs. Texas
Detailed Iowa Park Groceries costs vs. Texas
Detailed Iowa Park Health costs vs. Texas
Detailed Iowa Park Transportation costs vs. Texas
Iowa Park SnackAbility
Cost Of Living In Cities Around Iowa Park
The cost of living varies in the cities and towns around Iowa Park. Here's a quick look at the cost of living in the most populous nearby places:
Wichita Falls, TX has a cost of living index of 91, 1.0x Iowa Park.
Lawton, OK has a cost of living index of 88, 1.0x Iowa Park.
Lakeside, VA has a cost of living index of 105, 1.2x Iowa Park.
| City | Population | Cost Of Living | Vs. Iowa Park |
|---|---|---|---|
| Wichita Falls, TX | 102,581 | 91 | 1.0x |
| Lawton, OK | 90,595 | 88 | 1.0x |
| Lakeside, VA | 12,654 | 105 | 1.2x |
| Burkburnett, TX | 11,059 | 88 | 1.0x |
| Vernon, TX | 9,848 | 85 | 0.9x |
