Cost of living in Winterset 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 Winterset 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 Winterset is 90, with 100 being the average.
The cost of living index in Winterset is 0.9x lower than the national average.
Winterset ranks as the #48 cheapest in Iowa out of 80.
Winterset ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Winterset is $162,100.
The median income in Winterset is $62,382.
According to the most recent data on the cost of living, Winterset has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Iowa, Winterset has a cost of living index that's 1.0x higher than Iowa's index of 89.
The standard of living in Winterset ranks as #48 most affordable out of the 80 places we measured in Iowa. By definition, that implies Winterset ranks as the #32 most expensive place in the Hawkeye State.
For more reading on life in Winterset, check out:
Six factors go into calculating the cost of living index in Winterset. Here is how it fairs on each of the criteria:
The Services index in Winterset is 92.
The Groceries index in Winterset is 95.
The Health index in Winterset is 90.
The Housing index in Winterset is 76.
The Transportation index in Winterset is 97.
The Utilities index in Winterset is 91.
Living Expense | Winterset | Iowa | National Average | |
---|---|---|---|---|
Overall | 90 | 89 | 100 | |
Services | 92 | 95 | 100 | |
Groceries | 95 | 98 | 100 | |
Health | 90 | 99 | 100 | |
Housing | 76 | 73 | 100 | |
Transportation | 97 | 98 | 100 | |
Utilities | 91 | 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 Winterset is $162,100.
The Median Rent in Winterset is $869.
The Median Income in Winterset is $62,382.
The Home Value To Income in Winterset is 2.6x.
The Rent To Monthly Income in Winterset is 0.17x.
Statistic | Winterset | Iowa | United States |
---|---|---|---|
Median Home Value | $162,100 | $160,700 | $244,900 |
Median Rent | $869 | $845 | $1,163 |
Median Income | $62,382 | $65,429 | $69,021 |
Home Value To Income | 2.6x | 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 Winterset. Here's a quick look at the cost of living in the most populous nearby places:
West Des Moines, IA has a cost of living index of 99, 1.1x Winterset.
Ankeny, IA has a cost of living index of 96, 1.1x Winterset.
Urbandale, IA has a cost of living index of 99, 1.1x Winterset.
City | Population | Cost Of Living | Vs. Winterset |
---|---|---|---|
West Des Moines, IA | 67,640 | 99 | 1.1x |
Ankeny, IA | 66,346 | 96 | 1.1x |
Urbandale, IA | 45,037 | 99 | 1.1x |
Waukee, IA | 23,441 | 95 | 1.1x |
Johnston, IA | 23,418 | 104 | 1.2x |
Altoona, IA | 19,345 | 93 | 1.0x |
Clive, IA | 18,323 | 102 | 1.1x |
Grimes, IA | 14,842 | 98 | 1.1x |
Norwalk, IA | 12,592 | 91 | 1.0x |
Pleasant Hill, IA | 10,203 | 94 | 1.0x |