Cost of Living in Shenandoah, IA

Population 4,913 · Iowa · Data vintage 2023

45
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Shenandoah 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 22% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Shenandoah is about 50 miles southeast of Omaha, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 52% lower than Omaha's $230,000.

Cost Overview

Housing 36
Rent 58

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

About the Cost of Living in Shenandoah

The median home value in Shenandoah is $110,000 — 64% below the national median of $305,000. Median rent runs $762/month, 42% lower than the national median of $1,314/month. The median household income of $52,469/year is 30% lower than the US median of $74,580. The local unemployment rate is 6.2%, 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, Shenandoah has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.

🏠 Housing

Median Home Value
$110,000
64% below avg
Zillow Home Value
$258,831
Zillow ZHVI
Median Rent
$762/mo
42% below avg
Price-to-Rent Ratio
12.0x
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 58.3%
Renter-occupied 41.7%

💰 Estimated Monthly Budget

Rent median rent
$762
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,376/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
0.4%

Commute Mode

Drove alone
77.0%
Carpooled
15.4%
Walked
4.8%
Bicycle
0.1%
Work from home
0.4%

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
$52,469
30% below avg
Per Capita Income
$33,211
Unemployment Rate
6.2%
29% above avg
Poverty Rate
22.1%
Labor Force Participation
57.5%

🎓 Education

Bachelor's degree+ 13.4%
Graduate degree 4.8%

👥 Demographics

Median Age 44.1
Male median age 41.9
Female median age 45.5

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
13.9:1
Student-teacher ratio
4
Public schools
1,136
Total enrollment

Frequently Asked Questions

What is the cost of living in Shenandoah, IA?

Shenandoah has a cost index of 45 (100 = national average). It is 55% below the national average.

What is average rent in Shenandoah, IA?

The median gross rent in Shenandoah is $762 per month based on 2023 Census data.

What is the average home price in Shenandoah?

The median home value in Shenandoah is $110,000 according to Zillow and Census data.

What is the median income in Shenandoah?

The median household income in Shenandoah is $52,469 per year (2023 ACS 5-year estimates).

What is the sales tax in Shenandoah, IA?

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

Is Shenandoah, IA affordable?

Yes, Shenandoah is generally considered affordable, with a cost of living index of 45 — about 55% below the US national average of 100.

Shenandoah at a Glance

Population
4,913
Median Income
$52,469
Home Value
$110,000
Median Rent
$762/mo
Unemployment
6.2%
Sales Tax
6.9%
View all cities in Iowa →
🗺️ County data for Iowa

Explore county-level cost of living data

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