Carroll, IA Cost Of Living
Cost Of Living In Carroll, IA Summary
Cost of living in Carroll 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 Carroll is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Iowa, 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 Carroll is 93, with 100 being the average.
The cost of living index in Carroll is 0.9x lower than the national average.
Carroll ranks as the #57 cheapest in Iowa out of 80.
Carroll ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Carroll is $148,500.
The median income in Carroll is $51,443.
Table Of Contents
Carroll's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Carroll, IA?
According to the most recent data on the cost of living, Carroll has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Iowa, Carroll has a cost of living index that's 1.0x higher than Iowa's index of 89.
The standard of living in Carroll ranks as #57 most affordable out of the 80 places we measured in Iowa. By definition, that implies Carroll ranks as the #23 most expensive place in the Hawkeye State.
For more reading on life in Carroll, check out:
- Living In Carroll
- Carroll Crime Report
- Search Homes For Sale In Carroll, IA
In Iowa
In America
Carroll Cost Of Living Vs. Iowa
Six factors go into calculating the cost of living index in Carroll. Here is how it fairs on each of the criteria:
The Services index in Carroll is 101.
The Groceries index in Carroll is 100.
The Health index in Carroll is 101.
The Housing index in Carroll is 70.
The Transportation index in Carroll is 105.
The Utilities index in Carroll is 89.
| Living Expense | Carroll | Iowa | National Average | |
|---|---|---|---|---|
| Overall | 93 | 89 | 100 | |
| Services | 101 | 95 | 100 | |
| Groceries | 100 | 98 | 100 | |
| Health | 101 | 99 | 100 | |
| Housing | 70 | 73 | 100 | |
| Transportation | 105 | 98 | 100 | |
| Utilities | 89 | 94 | 100 | |
Carroll, IA Housing Cost Breakdown
Housing swings affordability the most between places in Iowa, 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 Carroll is $148,500.
The Median Rent in Carroll is $639.
The Median Income in Carroll is $51,443.
The Home Value To Income in Carroll is 2.9x.
The Rent To Monthly Income in Carroll is 0.15x.
| Statistic | Carroll | Iowa | United States |
|---|---|---|---|
| Median Home Value | $148,500 | $160,700 | $244,900 |
| Median Rent | $639 | $845 | $1,163 |
| Median Income | $51,443 | $65,429 | $69,021 |
| Home Value To Income | 2.9x | 2.5x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.15x | 0.2x |
Median Home Value
Median Rent
Median Income
Carroll, IA Costs By Category
Detailed Carroll Services Costs Vs. Iowa
Detailed Carroll Groceries Costs Vs. Iowa
Detailed Carroll Health Costs Vs. Iowa
Detailed Carroll Transportation Costs Vs. Iowa
Detailed Carroll Utilities Costs Vs. Iowa
Carroll SnackAbility
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Cost Of Living In Cities Around Carroll
The cost of living varies in the cities and towns around Carroll. Here's a quick look at the cost of living in the most populous nearby places:
Fort Dodge, IA has a cost of living index of 85, 0.9x Carroll.
Storm Lake, IA has a cost of living index of 89, 1.0x Carroll.
Denison, IA has a cost of living index of 83, 0.9x Carroll.
| City | Population | Cost Of Living | Vs. Carroll |
|---|---|---|---|
| Fort Dodge, IA | 24,826 | 85 | 0.9x |
| Storm Lake, IA | 11,166 | 89 | 1.0x |
| Denison, IA | 8,323 | 83 | 0.9x |
| Perry, IA | 7,836 | 84 | 0.9x |
| Atlantic, IA | 6,795 | 82 | 0.9x |
