Cost of Living in Winterset, IA

Population 5,384 · Iowa · Data vintage 2023

64
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Winterset offers a notably favorable income-to-housing ratio for its region. The typical home — $182,000 — costs less than 2.6 times median household income of $69,268, a threshold many coastal markets passed a decade ago. An unemployment rate of 2.7% points to a labor market well on the tight side of the national distribution.

Winterset is about 25 miles southwest of Des Moines, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Des Moines' $184,000 median.

Cost Overview

Housing 60
Rent 72

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

About the Cost of Living in Winterset

The median home value in Winterset is $181,500 — 40% below the national median of $305,000. Median rent runs $943/month, 28% lower than the national median of $1,314/month. The median household income of $69,268/year is 7% lower than the US median of $74,580. The local unemployment rate is 2.7%, 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%. Overall, Winterset has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.

🏠 Housing

Median Home Value
$181,500
40% below avg
Zillow Home Value
$182,186
Zillow ZHVI
Median Rent
$943/mo
28% below avg
Price-to-Rent Ratio
16.0x
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 66.4%
Renter-occupied 33.6%

💰 Estimated Monthly Budget

Rent median rent
$943
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,557/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
20.6 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.3%

Commute Mode

Drove alone
79.7%
Carpooled
4.9%
Walked
2.4%
Work from home
11.3%

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
$69,268
7% below avg
Per Capita Income
$31,600
Unemployment Rate
2.7%
43% below avg
Poverty Rate
11.4%
Labor Force Participation
69.2%

🎓 Education

Bachelor's degree+ 13.3%
Graduate degree 8.0%

👥 Demographics

Median Age 37
Male median age 33.5
Female median age 40.4

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
15.5:1
Student-teacher ratio
4
Public schools
1,795
Total enrollment

Frequently Asked Questions

What is the cost of living in Winterset, IA?

Winterset has a cost index of 64 (100 = national average). It is 36% below the national average.

What is average rent in Winterset, IA?

The median gross rent in Winterset is $943 per month based on 2023 Census data.

What is the average home price in Winterset?

The median home value in Winterset is $181,500 according to Zillow and Census data.

What is the median income in Winterset?

The median household income in Winterset is $69,268 per year (2023 ACS 5-year estimates).

What is the sales tax in Winterset, IA?

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

Is Winterset, IA affordable?

Yes, Winterset is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.

Winterset at a Glance

Population
5,384
Median Income
$69,268
Home Value
$181,500
Median Rent
$943/mo
Unemployment
2.7%
Sales Tax
6.9%
View all cities in Iowa →
🗺️ County data for Iowa

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs