Iowa is 1.9% more expensive than Michigan.
Is Iowa a cheap state to live in?
In comparison to other states in the U.S., Iowa is considered one of the most reasonably priced places to reside. In fact, a recent article published by USA Today ranked Iowa the ninth cheapest state to live in.
How much does it cost to live comfortably in Iowa?
The typical renter in Iowa spends $766 a month on housing, $257 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $596, while the typical rent for a unit with five or more bedrooms is $900.
Is Michigan an expensive place to live?
The cost of living in Michigan is 9% lower than the national average. Housing is 22% lower than the national average, while utilities are 0% . When it comes to basic necessities such as food and clothing, groceries are around 5% lower than in the rest of the country, while clothing costs 5% lower.
Is it cheaper to live in Iowa or Illinois?
Iowa is 2.6% cheaper than Illinois.
What city in Iowa is the cheapest to live in?
As #1 on our list, Newton has the lowest median listing home price—at just $139,000—of all growing towns in Iowa with over 15,000 people.
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 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 hourly wage in Iowa?
Hourly Salary in Iowa
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $57,028 | $27 |
| 75th Percentile | $40,148 | $19 |
| Average | $37,936 | $18 |
| 25th Percentile | $25,092 | $12 |
What is considered low income in Iowa?
For example, if you have a household size of 4, and the program eligibility is 200% of the Federal Poverty Level, then you may qualify for the program if your household income is under $55,500.
What is the poorest city in Michigan?
Flint was ranked the poorest city in Michigan in a 24/7 Wall St.
The Center Square.
| Poorest City | Flint |
|---|---|
| Median Household Income | $28,834 |
| Poverty Rate | 38.8% |
| Median Home Value | $29,500 |
| Population | 96,559 |
What salary do you need to live comfortably in Michigan?
Typical Expenses
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Required annual income after taxes | $27,835 | $109,354 |
| Annual taxes | $6,193 | $24,331 |
| Required annual income before taxes | $34,028 | $133,685 |
What is the safest city in Michigan to live?
A closer look at the safest cities in Michigan
Thetford Township is number 1 for the second consecutive year—but it shares the honor with Iron Mountain this year. Both of the top 2 cities reported 0 violent crimes and 0 property crime incidents. The top 20 cites reported 0 murders.
Are taxes cheaper in Iowa?
While sales taxes in Iowa aren’t low, at least they’re not as high as the state’s income and property taxes. The state sales tax rate is 6%, and localities can add as much as 1%.
Is Iowa good state to live?
If you’d like to live in a state with an abundance of fresh local produce, and where small towns meet city life, moving to Iowa is right for you. Iowa’s natural scenic views, friendly people, low crime rates, affordable homes, and small-town atmosphere make it one of the most coveted places in the United States.
What is Iowa State Income Tax?
A flat and fair 3.9% individual income tax rate means Iowans keep more of their hard-earned pay upfront. When the new rate is fully enacted in 2026, 98% of Iowa taxpayers with $10,000 or more of taxable income will benefit from a decreased tax liability.
What is the cheapest county in Iowa to live in?
Pocahontas County
Pocahontas County
#1 Counties with the Lowest Cost of Living in Iowa.
Is it cheaper to live in Iowa or Minnesota?
The cost of living in Minneapolis, MN is 27.3% higher than in Iowa City, IA.
Is Iowa a good retirement state?
Iowa ranks as the ninth best state for a physically and socially active retirement. States that have relatively large 65 and older populations are likely to also have plenty of retirement homes and communities.
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 nicest part of Iowa?
- #1 Best Places to Live in Iowa. West Des Moines.
- #2 Best Places to Live in Iowa. University Heights.
- #3 Best Places to Live in Iowa. Clive.
- Morning Star Academy. Bettendorf, IA•
- #4 Best Places to Live in Iowa. Waukee.
- #5 Best Places to Live in Iowa. Bettendorf.
- #6 Best Places to Live in Iowa.
- #7 Best Places to Live in Iowa.