Is It Cheaper To Live In Iowa Or Kentucky?

Iowa City housing costs are 39.1% more expensive than Louisville housing costs. Health related expenses are 34.3% more in Iowa City.

Is Iowa an expensive state to live in?

Living in Iowa is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 10.8% less than they do on average nationwide. Compared with all other states, Iowa has the 11th lowest overall cost of living.

How much does it cost to live comfortably in Iowa?

Iowa cost of living is 83.7

COST OF LIVING Iowa United States
Overall 83.7 100
Grocery 94.4 100
Health 121.5 100
Housing 61.1 100

Is Kentucky expensive to live in?

The cost of living is 11.4% lower in Kentucky than the U.S. average.

Is Kentucky a cheap state to live in?

According to CNBC’s “America’s 10 Cheapest States to Live,” Kentucky is ranked 10th thanks to low business costs (ranked 3rd) and a low cost of living (ranked 10th). The state also graded high for low costs to retail consumers.

What is the best place to live in Iowa?

Iowa City is Iowa’s highest-ranked city at No. 58, followed by Ames at No. 64 and Des Moines at No. 93.
These three Iowa cities rank among the country’s 100 best places to live, study says

  • Economics.
  • Housing.
  • Amenities.
  • Infrastructure.
  • Demographics.
  • Social and civic capital.
  • Education.
  • Health care.

What state has the lowest cost of living?

Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.

See also  What Gemstones Are Found In Iowa?

What is Iowa’s minimum wage?

$7.25 per hour
Iowa’s state minimum wage rate is $7.25 per hour. This is the same as the current Federal Minimum Wage rate. The minimum wage applies to most employees in Iowa, with limited exceptions including tipped employees, some student workers, and other exempt occupations.

What is a good salary for Iowa?

How much does an Average make in Iowa? As of Jul 23, 2022, the average annual pay for the Average jobs category in Iowa is $57,940 a year. Just in case you need a simple salary calculator, that works out to be approximately $27.86 an hour. This is the equivalent of $1,114/week or $4,828/month.

What is considered poor in Iowa?

United Way of Central Iowa defines poverty as anyone living below 250 percent of the federal poverty level. Above that level, families can afford what is necessary to survive in modern society, including rent, utilities, food, child care, health care, transportation, clothing, and household essentials.

How much do you need to live comfortably in KY?

Kentucky’s living wage for an individual is $14.16 an hour, or $29,459 a year. Housing costs an individual $6,907 annually. A family of four requires $20.16 an hour, or $83,274 a year, to cover their basic needs. Annually, they will spend $9,708 on housing, $12,965 on transportation, and $14,955 on childcare.

What is the cheapest place to live in Kentucky?

The 10 Cheapest Places to Live in Kentucky

  1. Princeton. According to Home Snacks, the cheapest place to live in Kentucky is Princeton, which is a small city in western Kentucky that is home to 6,116 people.
  2. Flatwoods.
  3. Bardstown.
  4. Dayton.
  5. Russellville.
  6. Hazard.
  7. Harrodsburg.
  8. Bellevue.
See also  How Much Does Housing Cost In Iowa?

Is it cheaper to live in TN or KY?

Tennessee’s cost of living is 10.7% more expensive than Kentucky.

Where in Kentucky should you not live?

According To FBI Statistics, These Are The 10 Most Dangerous Cities In Kentucky

  • Paducah. Paducah, KY, USA.
  • Mayfield. Mayfield, KY 42066, USA.
  • Oak Grove. Oak Grove, KY, USA.
  • Bowling Green. Bowling Green, KY, USA.
  • Campbellsville. Campbellsville, KY 42718, USA.
  • Newport. Newport, KY 41071, USA.
  • Shively. Shively, KY, USA.
  • Owensboro.

What is the safest city in Kentucky?

Somerset
Safest Cities in Kentucky, 2019

Rank City Safety Index
1 Somerset 1.08
2 Madisonville 0.73
3 Lawrenceburg 0.5
4 Fort Thomas 0.43

What is the best state to live in financially?

The five best states for your personal finances in 2022 are (No. 1 being best): Tennessee.

  • New Jersey.
  • Hawaii.
  • Connecticut.
  • Alaska.
  • Illinois.

Where is it cheapest to live in Iowa?

In housing affordability, Iowa ranked first.

  • Newton. Median listing home price: $139,000.
  • Davenport. Median listing home price: $149,900.
  • Cedar Rapids.
  • Dubuque.
  • Des Moines.
  • Cedar Falls.
  • Coralville.
  • Indianola.

What are the pros and cons of living in Iowa?

Summary: Pros And Cons Of Living In Iowa

  • Low cost of living.
  • Jobs and economic growth.
  • Quality educational opportunities.
  • Minimal effects of urbanization.
  • Low crime rates.
  • A 4 season climate.
  • Severe and extreme weather conditions.
  • High state income tax rates.

What is the safest town in Iowa?

Safest Cities in Iowa, 2019

Rank City Safety Index
1 Spencer 0.45
2 Norwalk 0.43
3 Pella 0.38
4 Clive 0.32

Where is the cheapest but nicest place to live in the US?

Coming in at the top of the C2ER list was Cedar Park, Texas, which was named the most affordable place to live in America. Set outside Austin, Cedar Park made it to the top of the list, due to its low cost of living index (7.2% below the national average) and high income levels (17.8% above the national median).

See also  What Are The 2 Main Crops Grown In Iowa?

What state is most expensive to live in?

Hawaii
Hawaii. Hawaii is the most expensive state to live in the United States. With a cost of living index of 193.3, the cost of living in Hawaii is nearly twice the national average. Hawaii has the highest costs across all indexes, except healthcare.