Cost of living in Oskaloosa 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 Oskaloosa 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 Oskaloosa is 83, with 100 being the average.
The cost of living index in Oskaloosa is 0.8x lower than the national average.
Oskaloosa ranks as the #14 cheapest in Iowa out of 80.
Oskaloosa ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Oskaloosa is $99,500.
The median income in Oskaloosa is $54,216.
According to the most recent data on the cost of living, Oskaloosa has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Iowa, Oskaloosa has a cost of living index that's 0.9x lower than Iowa's index of 89.
The standard of living in Oskaloosa ranks as #14 most affordable out of the 80 places we measured in Iowa. By definition, that implies Oskaloosa ranks as the #66 most expensive place in the Hawkeye State.
For more reading on life in Oskaloosa, check out:
Six factors go into calculating the cost of living index in Oskaloosa. Here is how it fairs on each of the criteria:
The Services index in Oskaloosa is 93.
The Groceries index in Oskaloosa is 95.
The Health index in Oskaloosa is 90.
The Housing index in Oskaloosa is 56.
The Transportation index in Oskaloosa is 100.
The Utilities index in Oskaloosa is 90.
Living Expense | Oskaloosa | Iowa | National Average | |
---|---|---|---|---|
Overall | 83 | 89 | 100 | |
Services | 93 | 95 | 100 | |
Groceries | 95 | 98 | 100 | |
Health | 90 | 99 | 100 | |
Housing | 56 | 73 | 100 | |
Transportation | 100 | 98 | 100 | |
Utilities | 90 | 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 Oskaloosa is $99,500.
The Median Rent in Oskaloosa is $728.
The Median Income in Oskaloosa is $54,216.
The Home Value To Income in Oskaloosa is 1.8x.
The Rent To Monthly Income in Oskaloosa is 0.16x.
Statistic | Oskaloosa | Iowa | United States |
---|---|---|---|
Median Home Value | $99,500 | $160,700 | $244,900 |
Median Rent | $728 | $845 | $1,163 |
Median Income | $54,216 | $65,429 | $69,021 |
Home Value To Income | 1.8x | 2.5x | 3.5x |
Rent To Monthly Income | 0.16x | 0.15x | 0.2x |
The cost of living varies in the cities and towns around Oskaloosa. Here's a quick look at the cost of living in the most populous nearby places:
Altoona, IA has a cost of living index of 93, 1.1x Oskaloosa.
Newton, IA has a cost of living index of 84, 1.0x Oskaloosa.
Indianola, IA has a cost of living index of 92, 1.1x Oskaloosa.
City | Population | Cost Of Living | Vs. Oskaloosa |
---|---|---|---|
Altoona, IA | 19,345 | 93 | 1.1x |
Newton, IA | 15,688 | 84 | 1.0x |
Indianola, IA | 15,544 | 92 | 1.1x |
Pella, IA | 10,414 | 92 | 1.1x |
Pleasant Hill, IA | 10,203 | 94 | 1.1x |
Fairfield, IA | 9,653 | 86 | 1.0x |
Grinnell, IA | 9,481 | 89 | 1.1x |
Knoxville, IA | 7,537 | 83 | 1.0x |
Washington, IA | 7,314 | 89 | 1.1x |
Centerville, IA | 5,353 | 76 | 0.9x |