Cost of living in Iowa Colony 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 Iowa Colony is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, 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 Iowa Colony is 100, with 100 being the average.
The cost of living index in Iowa Colony is 1.0x lower than the national average.
Iowa Colony ranks as the #315 cheapest in Texas out of 405.
Iowa Colony ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Iowa Colony is $260,300.
The median income in Iowa Colony is $93,732.
According to the most recent data on the cost of living, Iowa Colony has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Texas, Iowa Colony has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Iowa Colony ranks as #315 most affordable out of the 405 places we measured in Texas. By definition, that implies Iowa Colony ranks as the #90 most expensive place in the Lone Star State.
For more reading on life in Iowa Colony, check out:
Six factors go into calculating the cost of living index in Iowa Colony. Here is how it fairs on each of the criteria:
The Services index in Iowa Colony is 101.
The Groceries index in Iowa Colony is 90.
The Health index in Iowa Colony is 100.
The Housing index in Iowa Colony is 98.
The Transportation index in Iowa Colony is 98.
The Utilities index in Iowa Colony is 113.
Living Expense | Iowa Colony | Texas | National Average | |
---|---|---|---|---|
Overall | 100 | 92 | 100 | |
Services | 101 | 96 | 100 | |
Groceries | 90 | 93 | 100 | |
Health | 100 | 93 | 100 | |
Housing | 98 | 84 | 100 | |
Transportation | 98 | 92 | 100 | |
Utilities | 113 | 104 | 100 |
Housing swings affordability the most between places in Texas, 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 Iowa Colony is $260,300.
The Median Rent in Iowa Colony is -.
The Median Income in Iowa Colony is $93,732.
The Home Value To Income in Iowa Colony is 2.8x.
The Rent To Monthly Income in Iowa Colony is nanx.
Statistic | Iowa Colony | Texas | United States |
---|---|---|---|
Median Home Value | $260,300 | $202,600 | $244,900 |
Median Rent | - | $1,146 | $1,163 |
Median Income | $93,732 | $67,321 | $69,021 |
Home Value To Income | 2.8x | 3.0x | 3.5x |
Rent To Monthly Income | nanx | 0.2x | 0.2x |
Item | Iowa Colony | Texas |
---|---|---|
Shampoo | $0.96 | $1.06 |
Movie | $9.78 | $10.68 |
Bowling | $20.8 | $14.67 |
Haircut | $19.27 | $18.62 |
Beauty Salon | $61.37 | $39.05 |
Item | Iowa Colony | Texas |
---|---|---|
Ground Beef | $4.05 | $4.22 |
Fried Chicken | $1.13 | $1.39 |
Milk | $1.58 | $2.05 |
Potatoes | $2.87 | $3.29 |
Pizza | $9.65 | $10.62 |
Beer | $9.84 | $9.38 |
Toothpaste | $2.25 | $2.34 |
Item | Iowa Colony | Texas |
---|---|---|
Optometrist | $119.84 | $108.57 |
Doctor | $88.11 | $116.17 |
Dentist | $111.03 | $99.13 |
Item | Iowa Colony | Texas |
---|---|---|
Gasoline | $1.92 | $2.22 |
Tire Balancing | $56.85 | $50.07 |
Item | Iowa Colony | Texas |
---|---|---|
All Electricity | $199.99 | $167.67 |
Phone | $183.98 | $175.64 |
The cost of living varies in the cities and towns around Iowa Colony. Here's a quick look at the cost of living in the most populous nearby places:
Pearland, TX has a cost of living index of 102, 1.0x Iowa Colony.
Sugar Land, TX has a cost of living index of 117, 1.2x Iowa Colony.
Friendswood, TX has a cost of living index of 109, 1.1x Iowa Colony.
City | Population | Cost Of Living | Vs. Iowa Colony |
---|---|---|---|
Pearland, TX | 122,609 | 102 | 1.0x |
Sugar Land, TX | 110,272 | 117 | 1.2x |
Friendswood, TX | 40,780 | 109 | 1.1x |
Alvin, TX | 26,982 | 91 | 0.9x |
Fresno, TX | 23,921 | 96 | 1.0x |
Bellaire, TX | 17,262 | 173 | 1.7x |
Stafford, TX | 17,170 | 98 | 1.0x |
West University Place, TX | 14,975 | 195 | 1.9x |
Manvel, TX | 10,139 | 99 | 1.0x |