Cost of Living in Coralville, IA

Population 22,846 · Iowa · Data vintage 2023

87
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Coralville sits on the smaller end of the Iowa city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 2.5% — below most comparable cities in the state.

Located 20 miles south of Cedar Rapids, Coralville falls within that metro's commuting orbit. Median home values run roughly 61% higher than Cedar Rapids' $177,000.

Cost Overview

Housing 94
Rent 78

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Coralville

The median home value in Coralville is $286,000 — 6% below the national median of $305,000. Median rent runs $1,021/month, 22% lower than the national median of $1,314/month. The median household income of $66,508/year is 11% lower than the US median of $74,580. The local unemployment rate is 2.5%, 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%. The climate averages highs of 60.9°F and lows of 41.0°F. Overall, Coralville has a cost of living index of 87 versus the US average of 100, meaning it is 13% less expensive.

🏠 Housing

Median Home Value
$286,000
6% below avg
Zillow Home Value
$255,076
Zillow ZHVI
Median Rent
$1,021/mo
22% below avg
Zillow Rent
$1,254/mo
Zillow ZORI
Price-to-Rent Ratio
23.3x
Favors renting
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$646
1 BR
$716
2 BR
$877
3 BR
$1,170
4 BR
$1,287
Owner-occupied 54.3%
Renter-occupied 45.7%

💰 Estimated Monthly Budget

Rent median rent
$1,021
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,635/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.1 min
18% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.8%

Commute Mode

Drove alone
73.5%
Carpooled
5.8%
Public transit
3.7%
Walked
2.1%
Bicycle
1.1%
Work from home
12.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.7%
Total Sales Tax 6.9%
State rate 6.0%
Avg local rate 0.9%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$66,508
11% below avg
Per Capita Income
$47,788
Unemployment Rate
2.5%
48% below avg
Poverty Rate
12.3%
Labor Force Participation
70.0%

🎓 Education

Bachelor's degree+ 32.4%
Graduate degree 24.9%

👥 Demographics

Median Age 33.1
Male median age 32.7
Female median age 33.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.9°F
Avg Low
41.0°F
Annual Precip
35.7"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313650637383868478644936
Low °F 151930405262666354423020
Precip" 1.041.212.213.764.485.293.913.943.242.982.171.45

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 53 — Moderate
39.2%
Good air days/yr
210
Max AQI recorded
365
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Coralville, IA?

Coralville has a cost index of 87 (100 = national average). It is 13% below the national average.

What is average rent in Coralville, IA?

The median gross rent in Coralville is $1,021 per month based on 2023 Census data.

What is the average home price in Coralville?

The median home value in Coralville is $286,000 according to Zillow and Census data.

What is the median income in Coralville?

The median household income in Coralville is $66,508 per year (2023 ACS 5-year estimates).

What is the sales tax in Coralville, IA?

The combined state and local sales tax rate in Coralville is 6.9%. The Iowa state income tax top rate is 5.7%.

Is Coralville, IA affordable?

Yes, Coralville is generally considered affordable, with a cost of living index of 87 — about 13% below the US national average of 100.

What is the weather like in Coralville?

Coralville has average high temperatures of 60.9°F and average lows of 41.0°F. Annual precipitation is 35.7". Data from NOAA 1991–2020 Climate Normals.

Coralville at a Glance

Population
22,846
Median Income
$66,508
Home Value
$286,000
Median Rent
$1,021/mo
Unemployment
2.5%
Avg High Temp
60.9°F
Sales Tax
6.9%
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Explore county-level cost of living data

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