Cost of Living in Ankeny, IA
Population 70,542 · Iowa · Data vintage 2023
(100 = US avg)
Most of Ankeny's cost indicators track within a reasonable band of national figures, with median household incomes near $106,603 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail. An unemployment rate of 2.2% points to a labor market well on the tight side of the national distribution.
Ankeny sits roughly 11 miles north of Des Moines — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 69% higher than Des Moines' $184,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Ankeny
The median home value in Ankeny is $311,300 — 2% above the national median of $305,000. Median rent runs $1,279/month, 3% lower than the national median of $1,314/month. The median household income of $106,603/year is 43% higher than the US median of $74,580. The local unemployment rate is 2.2%, below the national average of 4.8%. Iowa's top state income tax rate is 5.7% and the combined sales tax is 6.9%. Overall, Ankeny has a cost of living index of 100 versus the US average of 100, meaning it is on par with the national average.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Ankeny, IA?
Ankeny has a cost index of 100 (100 = national average). It is near the national average.
What is average rent in Ankeny, IA?
The median gross rent in Ankeny is $1,279 per month based on 2023 Census data.
What is the average home price in Ankeny?
The median home value in Ankeny is $311,300 according to Zillow and Census data.
What is the median income in Ankeny?
The median household income in Ankeny is $106,603 per year (2023 ACS 5-year estimates).
What is the sales tax in Ankeny, IA?
The combined state and local sales tax rate in Ankeny is 6.9%. The Iowa state income tax top rate is 5.7%.
Is Ankeny, IA affordable?
Ankeny is near the national average in terms of cost of living, with an index of 100 (100 = US average).
Ankeny at a Glance
- Population
- 70,542
- Median Income
- $106,603
- Home Value
- $311,300
- Median Rent
- $1,279/mo
- Unemployment
- 2.2%
- Sales Tax
- 6.9%
Nearby Cities
Explore county-level cost of living data
Iowa Rankings
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