Cost of Living in Des Moines, IA
2024 data from the Bureau of Economic Analysis
Cost Index
91.7
8.3% below avg
Housing Index
84.7
Median Income
$81,103
Median Rent
$1,063/mo
Cost Breakdown
Overall91.7 (-8.3%)
Housing84.7 (-15.3%)
Goods93.7 (-6.3%)
Utilities84.6 (-15.4%)
Other Services92.9 (-7.1%)
National average = 100
Income & Housing
Median Household Income
$81,103/year
Median Home Value
$235,800
Median Monthly Rent
$1,063/mo
Per Capita Income
$42,742/year
Compare Des Moines, IA With
Des Moines, IA vs Michigan City, INDes Moines, IA vs Birmingham, ALDes Moines, IA vs Fond du Lac, WIDes Moines, IA vs Pueblo, CODes Moines, IA vs La Crosse, WIDes Moines, IA vs Jackson, MIDes Moines, IA vs Amarillo, TXDes Moines, IA vs Lincoln, NEDes Moines, IA vs Evansville, INDes Moines, IA vs Iowa City, IA
Frequently Asked Questions
Is Des Moines, IA expensive to live in?
Des Moines, IA has a cost of living index of 91.7, which is 8.3% below the national average.
How much does housing cost in Des Moines, IA?
Housing costs in Des Moines, IA are indexed at 84.7 compared to the national average of 100. The median monthly rent is $1,063.
What is the average income in Des Moines, IA?
The median household income in Des Moines, IA is $81,103 per year.
What is the average home price in Des Moines, IA?
The median home value in Des Moines, IA is $235,800.