Cost of Living in Fort Dodge, IA

Population 24,788 · 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

Fort Dodge 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.

Geographically, Fort Dodge is about 70 miles northwest of Des Moines, the nearest large metro. Median home values run roughly 30% lower than Des Moines' $184,000.

Cost Overview

Housing 42
Rent 58

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

About the Cost of Living in Fort Dodge

The median home value in Fort Dodge is $128,900 — 58% below the national median of $305,000. Median rent runs $764/month, 42% lower than the national median of $1,314/month. The median household income of $61,769/year is 17% lower than the US median of $74,580. The local unemployment rate is 4.1%, 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, Fort Dodge has a cost of living index of 49 versus the US average of 100, meaning it is 51% less expensive.

🏠 Housing

Median Home Value
$128,900
58% below avg
Zillow Home Value
$127,576
Zillow ZHVI
Median Rent
$764/mo
42% below avg
Zillow Rent
$825/mo
Zillow ZORI
Price-to-Rent Ratio
14.1x
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 64.0%
Renter-occupied 36.0%

💰 Estimated Monthly Budget

Rent median rent
$764
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,378/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
18.7 min
31% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.2%

Commute Mode

Drove alone
81.9%
Carpooled
8.5%
Public transit
0.3%
Walked
3.1%
Bicycle
0.3%
Work from home
3.2%

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
$61,769
17% below avg
Per Capita Income
$32,899
Unemployment Rate
4.1%
15% below avg
Poverty Rate
14.4%
Labor Force Participation
58.2%

🎓 Education

Bachelor's degree+ 15.0%
Graduate degree 5.1%

👥 Demographics

Median Age 38.2
Male median age 35.7
Female median age 41

🏫 Schools

NCES CCD 2019 — public school district data

86%
4-Year Graduation Rate
15.6:1
Student-teacher ratio
7
Public schools
3,841
Total enrollment

Frequently Asked Questions

What is the cost of living in Fort Dodge, IA?

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

What is average rent in Fort Dodge, IA?

The median gross rent in Fort Dodge is $764 per month based on 2023 Census data.

What is the average home price in Fort Dodge?

The median home value in Fort Dodge is $128,900 according to Zillow and Census data.

What is the median income in Fort Dodge?

The median household income in Fort Dodge is $61,769 per year (2023 ACS 5-year estimates).

What is the sales tax in Fort Dodge, IA?

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

Is Fort Dodge, IA affordable?

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

Fort Dodge at a Glance

Population
24,788
Median Income
$61,769
Home Value
$128,900
Median Rent
$764/mo
Unemployment
4.1%
Sales Tax
6.9%
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Explore county-level cost of living data

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