Cost of Living in Washington, IA

Population 7,314 · Iowa · Data vintage 2023

57
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Washington 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.

Located 45 miles south of Cedar Rapids, Washington falls within that metro's commuting orbit. Median home values run roughly 18% lower than Cedar Rapids' $177,000.

Cost Overview

Housing 47
Rent 71

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

About the Cost of Living in Washington

The median home value in Washington is $144,500 — 53% below the national median of $305,000. Median rent runs $927/month, 29% lower than the national median of $1,314/month. The median household income of $56,536/year is 24% lower than the US median of $74,580. The local unemployment rate is 4.7%, 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 60.9°F and lows of 41.0°F. Overall, Washington has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.

🏠 Housing

Median Home Value
$144,500
53% below avg
Zillow Home Value
$184,706
Zillow ZHVI
Median Rent
$927/mo
29% below avg
Price-to-Rent Ratio
13.0x
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 59.8%
Renter-occupied 40.2%

💰 Estimated Monthly Budget

Rent median rent
$927
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,541/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
20.0 min
26% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.8%

Commute Mode

Drove alone
76.8%
Carpooled
8.8%
Public transit
2.5%
Walked
2.7%
Work from home
7.8%

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
$56,536
24% below avg
Per Capita Income
$35,124
Unemployment Rate
4.7%
3% below avg
Poverty Rate
15.0%
Labor Force Participation
63.8%

🎓 Education

Bachelor's degree+ 13.3%
Graduate degree 8.2%

👥 Demographics

Median Age 39.6
Male median age 36.4
Female median age 44.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.9°F
Avg Low
41.0°F
Annual Precip
35.7"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313650637383868478644936
Low °F 151930405262666354423020
Precip" 1.041.212.213.764.485.293.913.943.242.982.171.45

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
13.7:1
Student-teacher ratio
4
Public schools
1,763
Total enrollment

Frequently Asked Questions

What is the cost of living in Washington, IA?

Washington has a cost index of 57 (100 = national average). It is 43% below the national average.

What is average rent in Washington, IA?

The median gross rent in Washington is $927 per month based on 2023 Census data.

What is the average home price in Washington?

The median home value in Washington is $144,500 according to Zillow and Census data.

What is the median income in Washington?

The median household income in Washington is $56,536 per year (2023 ACS 5-year estimates).

What is the sales tax in Washington, IA?

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

Is Washington, IA affordable?

Yes, Washington is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.

What is the weather like in Washington?

Washington has average high temperatures of 60.9°F and average lows of 41.0°F. Annual precipitation is 35.7". Data from NOAA 1991–2020 Climate Normals.

Washington at a Glance

Population
7,314
Median Income
$56,536
Home Value
$144,500
Median Rent
$927/mo
Unemployment
4.7%
Avg High Temp
60.9°F
Sales Tax
6.9%
View all cities in Iowa →
🗺️ County data for Iowa

Explore county-level cost of living data

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