Cost of living in Waukee 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 Waukee 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 Waukee is 95, with 100 being the average.
The cost of living index in Waukee is 0.9x lower than the national average.
Waukee ranks as the #65 cheapest in Iowa out of 80.
Waukee ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Waukee is $264,400.
The median income in Waukee is $101,138.
According to the most recent data on the cost of living, Waukee has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Iowa, Waukee has a cost of living index that's 1.1x higher than Iowa's index of 89.
The standard of living in Waukee ranks as #65 most affordable out of the 80 places we measured in Iowa. By definition, that implies Waukee ranks as the #15 most expensive place in the Hawkeye State.
For more reading on life in Waukee, check out:
Six factors go into calculating the cost of living index in Waukee. Here is how it fairs on each of the criteria:
The Services index in Waukee is 95.
The Groceries index in Waukee is 96.
The Health index in Waukee is 92.
The Housing index in Waukee is 106.
The Transportation index in Waukee is 97.
The Utilities index in Waukee is 88.
Living Expense | Waukee | Iowa | National Average | |
---|---|---|---|---|
Overall | 95 | 89 | 100 | |
Services | 95 | 95 | 100 | |
Groceries | 96 | 98 | 100 | |
Health | 92 | 99 | 100 | |
Housing | 106 | 73 | 100 | |
Transportation | 97 | 98 | 100 | |
Utilities | 88 | 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 Waukee is $264,400.
The Median Rent in Waukee is $1,117.
The Median Income in Waukee is $101,138.
The Home Value To Income in Waukee is 2.6x.
The Rent To Monthly Income in Waukee is 0.13x.
Statistic | Waukee | Iowa | United States |
---|---|---|---|
Median Home Value | $264,400 | $160,700 | $244,900 |
Median Rent | $1,117 | $845 | $1,163 |
Median Income | $101,138 | $65,429 | $69,021 |
Home Value To Income | 2.6x | 2.5x | 3.5x |
Rent To Monthly Income | 0.13x | 0.15x | 0.2x |
The cost of living varies in the cities and towns around Waukee. Here's a quick look at the cost of living in the most populous nearby places:
Des Moines, IA has a cost of living index of 88, 0.9x Waukee.
West Des Moines, IA has a cost of living index of 99, 1.0x Waukee.
Ankeny, IA has a cost of living index of 96, 1.0x Waukee.
City | Population | Cost Of Living | Vs. Waukee |
---|---|---|---|
Des Moines, IA | 213,545 | 88 | 0.9x |
West Des Moines, IA | 67,640 | 99 | 1.0x |
Ankeny, IA | 66,346 | 96 | 1.0x |
Urbandale, IA | 45,037 | 99 | 1.0x |
Johnston, IA | 23,418 | 104 | 1.1x |
Clive, IA | 18,323 | 102 | 1.1x |
Grimes, IA | 14,842 | 98 | 1.0x |
Norwalk, IA | 12,592 | 91 | 1.0x |
Pleasant Hill, IA | 10,203 | 94 | 1.0x |
Winterset, IA | 5,309 | 90 | 0.9x |