Cost of Living in Humboldt, IA

Population 4,761 · Iowa · Data vintage 2023

54
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Humboldt stay well under national norms: a median home value of $163,000 against median household incomes of $70,661 gives the city one of the more comfortable price-to-income ratios in Iowa.

Located 85 miles northwest of Des Moines, Humboldt is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 11% lower than Des Moines' $184,000.

Cost Overview

Housing 53
Rent 56

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

About the Cost of Living in Humboldt

The median home value in Humboldt is $162,600 — 47% below the national median of $305,000. Median rent runs $731/month, 44% lower than the national median of $1,314/month. The median household income of $70,661/year is 5% lower than the US median of $74,580. The local unemployment rate is 3.2%, 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, Humboldt has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.

🏠 Housing

Median Home Value
$162,600
47% below avg
Zillow Home Value
$452,376
Zillow ZHVI
Median Rent
$731/mo
44% below avg
Price-to-Rent Ratio
18.5x
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 68.1%
Renter-occupied 31.9%

💰 Estimated Monthly Budget

Rent median rent
$731
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,345/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
16.9 min
37% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.3%

Commute Mode

Drove alone
76.5%
Carpooled
7.1%
Walked
0.7%
Work from home
13.3%

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
$70,661
5% below avg
Per Capita Income
$39,293
Unemployment Rate
3.2%
33% below avg
Poverty Rate
14.6%
Labor Force Participation
59.3%

🎓 Education

Bachelor's degree+ 18.6%
Graduate degree 5.0%

👥 Demographics

Median Age 41.1
Male median age 39.3
Female median age 44.5

Frequently Asked Questions

What is the cost of living in Humboldt, IA?

Humboldt has a cost index of 54 (100 = national average). It is 46% below the national average.

What is average rent in Humboldt, IA?

The median gross rent in Humboldt is $731 per month based on 2023 Census data.

What is the average home price in Humboldt?

The median home value in Humboldt is $162,600 according to Zillow and Census data.

What is the median income in Humboldt?

The median household income in Humboldt is $70,661 per year (2023 ACS 5-year estimates).

What is the sales tax in Humboldt, IA?

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

Is Humboldt, IA affordable?

Yes, Humboldt is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.

Humboldt at a Glance

Population
4,761
Median Income
$70,661
Home Value
$162,600
Median Rent
$731/mo
Unemployment
3.2%
Sales Tax
6.9%
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🗺️ County data for Iowa

Explore county-level cost of living data

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