Cost of Living in Des Moines, IA

Population 212,464 · Iowa · Data vintage 2023

68
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Des Moines can reasonably expect a home to cost less than three years of household income — $184,000 against $63,966 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.

Cost Overview

Housing 60
Rent 80

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

About the Cost of Living in Des Moines

The median home value in Des Moines is $183,700 — 40% below the national median of $305,000. Median rent runs $1,054/month, 20% lower than the national median of $1,314/month. The median household income of $63,966/year is 14% lower than the US median of $74,580. The local unemployment rate is 5.8%, above 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 60.5°F and lows of 41.3°F, with about 36.5" of annual snowfall. Overall, Des Moines has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.

🏠 Housing

Median Home Value
$183,700
40% below avg
Zillow Home Value
$204,843
Zillow ZHVI
Median Rent
$1,054/mo
20% below avg
Zillow Rent
$1,141/mo
Zillow ZORI
Price-to-Rent Ratio
14.5x
Favors buying
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 60.5%
Renter-occupied 39.5%

💰 Estimated Monthly Budget

Rent median rent
$1,054
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,668/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
21.2 min
21% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.4%

Commute Mode

Drove alone
72.3%
Carpooled
11.2%
Public transit
1.1%
Walked
2.3%
Bicycle
0.4%
Work from home
11.4%

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
$63,966
14% below avg
Per Capita Income
$36,459
Unemployment Rate
5.8%
20% above avg
Poverty Rate
14.9%
Labor Force Participation
70.7%

🎓 Education

Bachelor's degree+ 19.9%
Graduate degree 9.1%

👥 Demographics

Median Age 34.6
Male median age 34.4
Female median age 34.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.5°F
Avg Low
41.3°F
Annual Precip
36.5"
Annual Snowfall
36.5"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313649627282868477634836
Low °F 141830415262666455433020
Precip" 1.081.342.174.025.245.263.824.173.182.781.911.58
Snow" 9.410.24.41.20.20.00.00.00.00.52.77.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
46%
Good air days/yr
166
Max AQI recorded
281
PM2.5 days
81
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

77.6%
4-Year Graduation Rate
15:1
Student-teacher ratio
64
Public schools
34,815
Total enrollment

Frequently Asked Questions

What is the cost of living in Des Moines, IA?

Des Moines has a cost index of 68 (100 = national average). It is 32% below the national average.

What is average rent in Des Moines, IA?

The median gross rent in Des Moines is $1,054 per month based on 2023 Census data.

What is the average home price in Des Moines?

The median home value in Des Moines is $183,700 according to Zillow and Census data.

What is the median income in Des Moines?

The median household income in Des Moines is $63,966 per year (2023 ACS 5-year estimates).

What is the sales tax in Des Moines, IA?

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

Is Des Moines, IA affordable?

Yes, Des Moines is generally considered affordable, with a cost of living index of 68 — about 32% below the US national average of 100.

What is the weather like in Des Moines?

Des Moines has average high temperatures of 60.5°F and average lows of 41.3°F. Annual precipitation is 36.5". Average annual snowfall is 36.5". Data from NOAA 1991–2020 Climate Normals.