Cost of Living in Eagle Grove, IA

Population 3,588 · Iowa · Data vintage 2023

49
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Eagle Grove 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. Around 23% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Eagle Grove lies roughly 75 miles north of the nearest major metro, Des Moines. Median home values run roughly 48% lower than Des Moines' $184,000.

Cost Overview

Housing 31
Rent 75

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

About the Cost of Living in Eagle Grove

The median home value in Eagle Grove is $95,100 — 69% below the national median of $305,000. Median rent runs $991/month, 25% lower than the national median of $1,314/month. The median household income of $58,458/year is 22% lower than the US median of $74,580. The local unemployment rate is 1.1%, 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, Eagle Grove has a cost of living index of 49 versus the US average of 100, meaning it is 51% less expensive.

🏠 Housing

Median Home Value
$95,100
69% below avg
Zillow Home Value
$368,160
Zillow ZHVI
Median Rent
$991/mo
25% below avg
Price-to-Rent Ratio
8.0x
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 65.3%
Renter-occupied 34.7%

💰 Estimated Monthly Budget

Rent median rent
$991
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,605/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
25.5 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.9%

Commute Mode

Drove alone
68.5%
Carpooled
9.5%
Walked
5.4%
Bicycle
0.7%
Work from home
12.9%

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
$58,458
22% below avg
Per Capita Income
$29,279
Unemployment Rate
1.1%
77% below avg
Poverty Rate
22.5%
Labor Force Participation
59.2%

🎓 Education

Bachelor's degree+ 16.3%
Graduate degree 2.5%

👥 Demographics

Median Age 33.6
Male median age 33.7
Female median age 33.3

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
13.3:1
Student-teacher ratio
3
Public schools
1,008
Total enrollment

Frequently Asked Questions

What is the cost of living in Eagle Grove, IA?

Eagle Grove has a cost index of 49 (100 = national average). It is 51% below the national average.

What is average rent in Eagle Grove, IA?

The median gross rent in Eagle Grove is $991 per month based on 2023 Census data.

What is the average home price in Eagle Grove?

The median home value in Eagle Grove is $95,100 according to Zillow and Census data.

What is the median income in Eagle Grove?

The median household income in Eagle Grove is $58,458 per year (2023 ACS 5-year estimates).

What is the sales tax in Eagle Grove, IA?

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

Is Eagle Grove, IA affordable?

Yes, Eagle Grove is generally considered affordable, with a cost of living index of 49 — about 51% below the US national average of 100.

Eagle Grove at a Glance

Population
3,588
Median Income
$58,458
Home Value
$95,100
Median Rent
$991/mo
Unemployment
1.1%
Sales Tax
6.9%
View all cities in Iowa →
🗺️ County data for Iowa

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs