Cost of Living in Perry, IA

Population 7,928 · Iowa · Data vintage 2023

51
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Perry stay well under national norms: a median home value of $122,000 against median household incomes of $63,983 gives the city one of the more comfortable price-to-income ratios in Iowa. At 7.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Perry is about 30 miles northwest of Des Moines, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 34% lower than Des Moines' $184,000.

Cost Overview

Housing 40
Rent 67

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

About the Cost of Living in Perry

The median home value in Perry is $122,100 — 60% below the national median of $305,000. Median rent runs $877/month, 33% lower than the national median of $1,314/month. The median household income of $63,983/year is 14% lower than the US median of $74,580. The local unemployment rate is 7.7%, 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%. Overall, Perry has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.

🏠 Housing

Median Home Value
$122,100
60% below avg
Zillow Home Value
$355,495
Zillow ZHVI
Median Rent
$877/mo
33% below avg
Zillow Rent
$920/mo
Zillow ZORI
Price-to-Rent Ratio
11.6x
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
$877
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,491/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
23.6 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.1%

Commute Mode

Drove alone
75.8%
Carpooled
11.7%
Public transit
0.1%
Walked
2.1%
Work from home
9.1%

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
$63,983
14% below avg
Per Capita Income
$29,752
Unemployment Rate
7.7%
60% above avg
Poverty Rate
11.4%
Labor Force Participation
71.7%

🎓 Education

Bachelor's degree+ 10.4%
Graduate degree 4.3%

👥 Demographics

Median Age 40.2
Male median age 39.3
Female median age 40.6

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
13.5:1
Student-teacher ratio
3
Public schools
1,780
Total enrollment

Frequently Asked Questions

What is the cost of living in Perry, IA?

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

What is average rent in Perry, IA?

The median gross rent in Perry is $877 per month based on 2023 Census data.

What is the average home price in Perry?

The median home value in Perry is $122,100 according to Zillow and Census data.

What is the median income in Perry?

The median household income in Perry is $63,983 per year (2023 ACS 5-year estimates).

What is the sales tax in Perry, IA?

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

Is Perry, IA affordable?

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

Perry at a Glance

Population
7,928
Median Income
$63,983
Home Value
$122,100
Median Rent
$877/mo
Unemployment
7.7%
Sales Tax
6.9%
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Explore county-level cost of living data

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