Cost of living in Mount Pleasant 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 Mount Pleasant 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 Mount Pleasant is 85, with 100 being the average.
The cost of living index in Mount Pleasant is 0.8x lower than the national average.
Mount Pleasant ranks as the #24 cheapest in Iowa out of 80.
Mount Pleasant ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Mount Pleasant is $130,400.
The median income in Mount Pleasant is $54,983.
According to the most recent data on the cost of living, Mount Pleasant has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Iowa, Mount Pleasant has a cost of living index that's 1.0x lower than Iowa's index of 89.
The standard of living in Mount Pleasant ranks as #24 most affordable out of the 80 places we measured in Iowa. By definition, that implies Mount Pleasant ranks as the #56 most expensive place in the Hawkeye State.
For more reading on life in Mount Pleasant, check out:
Six factors go into calculating the cost of living index in Mount Pleasant. Here is how it fairs on each of the criteria:
The Services index in Mount Pleasant is 88.
The Groceries index in Mount Pleasant is 95.
The Health index in Mount Pleasant is 102.
The Housing index in Mount Pleasant is 60.
The Transportation index in Mount Pleasant is 95.
The Utilities index in Mount Pleasant is 111.
Living Expense | Mount Pleasant | Iowa | National Average | |
---|---|---|---|---|
Overall | 85 | 89 | 100 | |
Services | 88 | 95 | 100 | |
Groceries | 95 | 98 | 100 | |
Health | 102 | 99 | 100 | |
Housing | 60 | 73 | 100 | |
Transportation | 95 | 98 | 100 | |
Utilities | 111 | 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 Mount Pleasant is $130,400.
The Median Rent in Mount Pleasant is $647.
The Median Income in Mount Pleasant is $54,983.
The Home Value To Income in Mount Pleasant is 2.4x.
The Rent To Monthly Income in Mount Pleasant is 0.14x.
Statistic | Mount Pleasant | Iowa | United States |
---|---|---|---|
Median Home Value | $130,400 | $160,700 | $244,900 |
Median Rent | $647 | $845 | $1,163 |
Median Income | $54,983 | $65,429 | $69,021 |
Home Value To Income | 2.4x | 2.5x | 3.5x |
Rent To Monthly Income | 0.14x | 0.15x | 0.2x |
Item | Mount Pleasant | Iowa |
---|---|---|
Shampoo | $1.14 | $1.06 |
Movie | $9.0 | $10.68 |
Bowling | $7.67 | $14.67 |
Haircut | $14.68 | $18.62 |
Beauty Salon | $23.66 | $39.05 |
Item | Mount Pleasant | Iowa |
---|---|---|
Ground Beef | $3.51 | $4.22 |
Fried Chicken | $1.48 | $1.39 |
Milk | $1.85 | $2.05 |
Potatoes | $2.41 | $3.29 |
Pizza | $9.99 | $10.62 |
Beer | $9.47 | $9.38 |
Toothpaste | $1.84 | $2.34 |
Item | Mount Pleasant | Iowa |
---|---|---|
Optometrist | $101.5 | $108.57 |
Doctor | $123.92 | $116.17 |
Dentist | $95.39 | $99.13 |
Item | Mount Pleasant | Iowa |
---|---|---|
Gasoline | $2.18 | $2.22 |
Tire Balancing | $43.5 | $50.07 |
Item | Mount Pleasant | Iowa |
---|---|---|
All Electricity | $202.25 | $167.67 |
Phone | $180.82 | $175.64 |
The cost of living varies in the cities and towns around Mount Pleasant. Here's a quick look at the cost of living in the most populous nearby places:
Ottumwa, IA has a cost of living index of 85, 1.0x Mount Pleasant.
Burlington, IA has a cost of living index of 83, 1.0x Mount Pleasant.
Muscatine, IA has a cost of living index of 87, 1.0x Mount Pleasant.
City | Population | Cost Of Living | Vs. Mount Pleasant |
---|---|---|---|
Ottumwa, IA | 25,379 | 85 | 1.0x |
Burlington, IA | 24,160 | 83 | 1.0x |
Muscatine, IA | 23,759 | 87 | 1.0x |
Fort Madison, IA | 10,340 | 82 | 1.0x |
Keokuk, IA | 9,977 | 78 | 0.9x |
Fairfield, IA | 9,653 | 86 | 1.0x |
Monmouth, IL | 8,810 | 80 | 0.9x |
Washington, IA | 7,314 | 89 | 1.0x |