Cost of Living in Iowa, LA
Population 3,246 · Louisiana · Data vintage 2023
(100 = US avg)
Iowa is a smaller Louisiana community of around 3000 residents, where median household incomes of $72,868 and housing costs ($243,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Located 60 miles west of Lafayette, Iowa is far enough out that local conditions diverge meaningfully from the big-metro baseline. Housing prices track closely with Lafayette's $251,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Iowa
The median home value in Iowa is $243,200 — 20% below the national median of $305,000. Median rent runs $1,070/month, 19% lower than the national median of $1,314/month. The median household income of $72,868/year is 2% lower than the US median of $74,580. The local unemployment rate is 5.1%, above the national average of 4.8%. Louisiana's top state income tax rate is 4.3% and the combined sales tax is 9.5%. Overall, Iowa has a cost of living index of 80 versus the US average of 100, meaning it is 20% less expensive.
Iowa has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Iowa, LA?
Iowa has a cost index of 80 (100 = national average). It is 20% below the national average.
What is average rent in Iowa, LA?
The median gross rent in Iowa is $1,070 per month based on 2023 Census data.
What is the average home price in Iowa?
The median home value in Iowa is $243,200 according to Zillow and Census data.
What is the median income in Iowa?
The median household income in Iowa is $72,868 per year (2023 ACS 5-year estimates).
What is the sales tax in Iowa, LA?
The combined state and local sales tax rate in Iowa is 9.5%. The Louisiana state income tax top rate is 4.3%.
Is Iowa, LA affordable?
Yes, Iowa is generally considered affordable, with a cost of living index of 80 — about 20% below the US national average of 100.
Iowa at a Glance
- Population
- 3,246
- Median Income
- $72,868
- Home Value
- $243,200
- Median Rent
- $1,070/mo
- Unemployment
- 5.1%
- Sales Tax
- 9.5%
Nearby Cities
Explore county-level cost of living data
Louisiana Rankings
Similar Cost Cities
Cities in other states with comparable housing costs