B-
8%
Overall NAT. AVG.
4%
Goods & Services NAT. AVG.
32%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Asbury Iowa National
Cost of living10890100
Goods & Services9796100
Groceries9897100
Health care9199100
Housing13273100
Transportation10498100
Utilities9496100
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Cost Of Living Quick Facts

  • The cost of living in Asbury is 20% higher than the Iowa average
  • The cost of living in Asbury is 8% higher than the national average
  • Asbury housing is 32% higher than the national average
  • Iowa general sales tax is 18% higher than the national average
  • Iowa state income tax is 69% higher than the national average

Most Affordable Places to Live in and Around Asbury

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Compare Asbury, IA Cost of Living

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      Salary Calculator

          This is how much you would need to earn in
          Price difference in compared to
          Cost of living index
          Goods & Services index
          Groceries index
          Health care index
          Housing index
          Transportation index
          Utilities index

          Median Income & Debt-To-Income Ratio

          Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
          Owners$109,771$9,148$2,561$3,293
          Renters$50,536$4,211$1,179$1,516
          To approximate the cost of living and the housing affordability in Asbury, IA, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Asbury have a median income of $109,771. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,561 per month to avoid calamity and poverty. The renters in the city have an income of about $50,536, which would make their monthly maximum allowable rental costs $1,179.

          Iowa Sales Tax

          State General Sales Tax With Max Surtax
          Iowa 6% 7%

          Iowa Income Tax

          State Income Tax (Low) Income Tax (High)
          Iowa 4.4% 6%

          Goods & Services

          Item Asbury National avg. Difference
          Haircut $23.86$24.261.7%
          Beauty Salon $34.11$45.5625.1%
          Toothpaste $3.59$3.703.0%
          Shampoo $1.36$1.286.5%
          Movie $8.68$12.1328.4%
          Bowling $15.39$18.0014.5%

          Groceries

          Item Asbury National avg. Difference
          Ground Beef $5.38$5.847.9%
          Fried Chicken $1.40$1.5710.8%
          Milk $4.77$4.672.1%
          Potatoes $4.76$4.933.6%
          Pizza $12.46$12.093.1%
          Beer $9.93$10.414.6%

          Health Care

          Item Asbury National avg. Difference
          Optometrist $127.39$125.681.4%
          Doctor $130.00$135.784.3%
          Dentist $85.78$113.2924.3%
          Ibuprofen $10.82$10.651.6%
          Lipitor $498.96$468.606.5%

          Housing

          Item Asbury National avg. Difference
          Home Price $263,800.00$184,700.0042.8%
          Avg. Mortgage Payment $1,665.29$2,346.6929.0%
          Apartment Rent $1,023.00$949.007.8%

          Transportation

          Item Asbury National avg. Difference
          Gasoline $3.44$3.460.5%
          Tire Balancing $68.44$59.9214.2%

          Utilities

          Item Asbury National avg. Difference
          All Electricity $176.50$193.999.0%
          Phone $187.56$192.252.4%
          Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

          Nearby cities with low cost of living

          City Population Cost of Living Index National Avg.
          North Buena Vista, IA1158118.6%
          Cassville, WI8328218.4%
          Bernard, IA1408713.2%
          La Motte, IA2418712.5%
          Holy Cross, IA3108812.5%
          Asbury, IA5,9311087.7%

          Cities with similar population

          City Population Cost of Living Index National Avg.
          Roanoke, AL5,9318713.2%
          Countryside, IL5,92911010.3%
          Sunbury, OH5,9341054.9%
          Saint-Césaire, QC5,934n/a 
          Schlusser, PA5,927990.8%
          Asbury, IA5,9311087.7%
          Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.