Cost of living in Le Mars 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 Le Mars 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 Le Mars is 88, with 100 being the average.
The cost of living index in Le Mars is 0.9x lower than the national average.
Le Mars ranks as the #37 cheapest in Iowa out of 80.
Le Mars ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Le Mars is $168,400.
The median income in Le Mars is $69,476.
According to the most recent data on the cost of living, Le Mars has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Iowa, Le Mars has a cost of living index that's 1.0x lower than Iowa's index of 89.
The standard of living in Le Mars ranks as #37 most affordable out of the 80 places we measured in Iowa. By definition, that implies Le Mars ranks as the #43 most expensive place in the Hawkeye State.
For more reading on life in Le Mars, check out:
Six factors go into calculating the cost of living index in Le Mars. Here is how it fairs on each of the criteria:
The Services index in Le Mars is 95.
The Groceries index in Le Mars is 99.
The Health index in Le Mars is 96.
The Housing index in Le Mars is 69.
The Transportation index in Le Mars is 94.
The Utilities index in Le Mars is 96.
Living Expense | Le Mars | Iowa | National Average | |
---|---|---|---|---|
Overall | 88 | 89 | 100 | |
Services | 95 | 95 | 100 | |
Groceries | 99 | 98 | 100 | |
Health | 96 | 99 | 100 | |
Housing | 69 | 73 | 100 | |
Transportation | 94 | 98 | 100 | |
Utilities | 96 | 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 Le Mars is $168,400.
The Median Rent in Le Mars is $792.
The Median Income in Le Mars is $69,476.
The Home Value To Income in Le Mars is 2.4x.
The Rent To Monthly Income in Le Mars is 0.14x.
Statistic | Le Mars | Iowa | United States |
---|---|---|---|
Median Home Value | $168,400 | $160,700 | $244,900 |
Median Rent | $792 | $845 | $1,163 |
Median Income | $69,476 | $65,429 | $69,021 |
Home Value To Income | 2.4x | 2.5x | 3.5x |
Rent To Monthly Income | 0.14x | 0.15x | 0.2x |
The cost of living varies in the cities and towns around Le Mars. Here's a quick look at the cost of living in the most populous nearby places:
Vermillion, SD has a cost of living index of 89, 1.0x Le Mars.
Sioux Center, IA has a cost of living index of 96, 1.1x Le Mars.
Sheldon, IA has a cost of living index of 89, 1.0x Le Mars.
City | Population | Cost Of Living | Vs. Le Mars |
---|---|---|---|
Vermillion, SD | 11,506 | 89 | 1.0x |
Sioux Center, IA | 8,090 | 96 | 1.1x |
Sheldon, IA | 5,475 | 89 | 1.0x |