Cost of living in Creston 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 Creston 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 Creston is 81, with 100 being the average.
The cost of living index in Creston is 0.8x lower than the national average.
Creston ranks as the #7 cheapest in Iowa out of 80.
Creston ranks as the #290 cheapest out of 6,412 in the US.
The median home value in Creston is $103,400.
The median income in Creston is $48,407.
According to the most recent data on the cost of living, Creston has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.
Compared to Iowa, Creston has a cost of living index that's 0.9x lower than Iowa's index of 89.
The standard of living in Creston ranks as #7 most affordable out of the 80 places we measured in Iowa. By definition, that implies Creston ranks as the #73 most expensive place in the Hawkeye State.
For more reading on life in Creston, check out:
Six factors go into calculating the cost of living index in Creston. Here is how it fairs on each of the criteria:
The Services index in Creston is 96.
The Groceries index in Creston is 92.
The Health index in Creston is 94.
The Housing index in Creston is 48.
The Transportation index in Creston is 97.
The Utilities index in Creston is 89.
Living Expense | Creston | Iowa | National Average | |
---|---|---|---|---|
Overall | 81 | 89 | 100 | |
Services | 96 | 95 | 100 | |
Groceries | 92 | 98 | 100 | |
Health | 94 | 99 | 100 | |
Housing | 48 | 73 | 100 | |
Transportation | 97 | 98 | 100 | |
Utilities | 89 | 94 | 100 |
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 Creston is $103,400.
The Median Rent in Creston is $669.
The Median Income in Creston is $48,407.
The Home Value To Income in Creston is 2.1x.
The Rent To Monthly Income in Creston is 0.17x.
Statistic | Creston | Iowa | United States |
---|---|---|---|
Median Home Value | $103,400 | $160,700 | $244,900 |
Median Rent | $669 | $845 | $1,163 |
Median Income | $48,407 | $65,429 | $69,021 |
Home Value To Income | 2.1x | 2.5x | 3.5x |
Rent To Monthly Income | 0.17x | 0.15x | 0.2x |
The cost of living varies in the cities and towns around Creston. Here's a quick look at the cost of living in the most populous nearby places:
Decatur, IL has a cost of living index of 81, 1.0x Creston.
West Des Moines, IA has a cost of living index of 99, 1.2x Creston.
Waukee, IA has a cost of living index of 95, 1.2x Creston.
City | Population | Cost Of Living | Vs. Creston |
---|---|---|---|
Decatur, IL | 71,309 | 81 | 1.0x |
West Des Moines, IA | 67,640 | 99 | 1.2x |
Waukee, IA | 23,441 | 95 | 1.2x |
Clive, IA | 18,323 | 102 | 1.3x |
Indianola, IA | 15,544 | 92 | 1.1x |
Norwalk, IA | 12,592 | 91 | 1.1x |
Atlantic, IA | 6,795 | 82 | 1.0x |
Red Oak, IA | 5,576 | 80 | 1.0x |
Winterset, IA | 5,309 | 90 | 1.1x |