Cost of Living in Des Moines, IA
Des Moines has a cost of living index of 87 (100 = national average), making it more affordable than the national average. The median household income is $52,241 and the median home price is $210,000.
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Des Moines at a Glance
Population
214,133
Cost of Living Index
87
Median Income
$52,241
Median Home Price
$210,000
Property Tax Rate
1.64%
Sales Tax Rate
7.00%
Rent Index
75
State
Iowa
Living in Des Moines
Des Moines offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $210,000 is well within reach for many families.
The combined sales tax rate in Des Moines is 7.00%, and the effective property tax rate is 1.64%. Property taxes are above the national average, which is an important consideration for homebuyers.