Cost of Living in Le Mars, IA

Population 10,597 · Iowa · Data vintage 2023

67
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Le Mars offers a notably favorable income-to-housing ratio for its region. The typical home — $202,000 — costs less than 2.8 times median household income of $72,381, a threshold many coastal markets passed a decade ago. An unemployment rate of 1.5% points to a labor market well on the tight side of the national distribution.

Located 60 miles southeast of Sioux Falls, Le Mars is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 25% lower than Sioux Falls' $271,000.

Cost Overview

Housing 66
Rent 69

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

About the Cost of Living in Le Mars

The median home value in Le Mars is $202,200 — 34% below the national median of $305,000. Median rent runs $908/month, 31% lower than the national median of $1,314/month. The median household income of $72,381/year is 3% lower than the US median of $74,580. The local unemployment rate is 1.5%, 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 59.5°F and lows of 37.4°F, with about 36" of annual snowfall. Overall, Le Mars has a cost of living index of 67 versus the US average of 100, meaning it is 33% less expensive.

🏠 Housing

Median Home Value
$202,200
34% below avg
Zillow Home Value
$265,829
Zillow ZHVI
Median Rent
$908/mo
31% below avg
Price-to-Rent Ratio
18.6x
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 62.2%
Renter-occupied 37.8%

💰 Estimated Monthly Budget

Rent median rent
$908
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,522/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
17.2 min
36% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.6%

Commute Mode

Drove alone
82.6%
Carpooled
11.8%
Public transit
0.5%
Walked
1.7%
Bicycle
0.2%
Work from home
2.6%

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
$72,381
3% below avg
Per Capita Income
$38,065
Unemployment Rate
1.5%
68% below avg
Poverty Rate
8.8%
Labor Force Participation
69.6%

🎓 Education

Bachelor's degree+ 18.9%
Graduate degree 5.5%

👥 Demographics

Median Age 39.1
Male median age 38.9
Female median age 39.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.5°F
Avg Low
37.4°F
Annual Precip
29.3"
Annual Snowfall
36"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303448617282858377634733
Low °F 101526374959636151382515
Precip" 0.690.861.763.153.874.353.353.942.842.201.270.99
Snow" 7.78.75.72.30.00.00.00.00.00.83.27.6

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
16.7:1
Student-teacher ratio
6
Public schools
2,283
Total enrollment

Frequently Asked Questions

What is the cost of living in Le Mars, IA?

Le Mars has a cost index of 67 (100 = national average). It is 33% below the national average.

What is average rent in Le Mars, IA?

The median gross rent in Le Mars is $908 per month based on 2023 Census data.

What is the average home price in Le Mars?

The median home value in Le Mars is $202,200 according to Zillow and Census data.

What is the median income in Le Mars?

The median household income in Le Mars is $72,381 per year (2023 ACS 5-year estimates).

What is the sales tax in Le Mars, IA?

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

Is Le Mars, IA affordable?

Yes, Le Mars is generally considered affordable, with a cost of living index of 67 — about 33% below the US national average of 100.

What is the weather like in Le Mars?

Le Mars has average high temperatures of 59.5°F and average lows of 37.4°F. Annual precipitation is 29.3". Average annual snowfall is 36". Data from NOAA 1991–2020 Climate Normals.

Le Mars at a Glance

Population
10,597
Median Income
$72,381
Home Value
$202,200
Median Rent
$908/mo
Unemployment
1.5%
Avg High Temp
59.5°F
Sales Tax
6.9%
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