B
0%
Overall NAT. AVG.
5%
Goods & Services NAT. AVG.
15%
Housing NAT. AVG.
Search Homes for Sale
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 Oakland Acres Iowa National
Cost of living10090100
Goods & Services9596100
Groceries9997100
Health care9499100
Housing11573100
Transportation9198100
Utilities8796100
New Real Estate Listings in Oakland Acres Area
Search Homes for Sale in Oakland Acres, IA

Cost Of Living Quick Facts

  • The cost of living in Oakland Acres is 12% higher than the Iowa average
  • The cost of living in Oakland Acres is equal to the national average
  • Oakland Acres housing is 15% 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 Oakland Acres

See all the best places to live around Oakland Acres

Compare Oakland Acres, IA Cost of Living

      vs
      How would you rate the cost of living in Oakland Acres?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Oakland Acres?
      Write a review to give others more information about this area.
      See all Oakland Acres poll results

      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$91,250$7,604$2,129$2,738
      Renters$0$0$0$0

      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 Oakland Acres National avg. Difference
      Haircut $20.63$24.2615.0%
      Beauty Salon $41.00$45.5610.0%
      Toothpaste $3.69$3.700.3%
      Shampoo $1.35$1.285.6%
      Movie $11.17$12.137.9%
      Bowling $20.87$18.0015.9%

      Groceries

      Item Oakland Acres National avg. Difference
      Ground Beef $6.36$5.848.9%
      Fried Chicken $1.38$1.5712.6%
      Milk $4.82$4.673.2%
      Potatoes $4.81$4.932.6%
      Pizza $11.84$12.092.0%
      Beer $9.82$10.415.7%

      Health Care

      Item Oakland Acres National avg. Difference
      Optometrist $125.17$125.680.4%
      Doctor $129.05$135.785.0%
      Dentist $96.60$113.2914.7%
      Ibuprofen $10.88$10.652.1%
      Lipitor $495.45$468.605.7%

      Housing

      Item Oakland Acres National avg. Difference
      Home Price $212,500.00$184,700.0015.1%
      Avg. Mortgage Payment $1,877.36$2,346.6920.0%
      Apartment Rent $0.00$949.00100.0%

      Transportation

      Item Oakland Acres National avg. Difference
      Gasoline $3.19$3.467.8%
      Tire Balancing $52.49$59.9212.4%

      Utilities

      Item Oakland Acres National avg. Difference
      All Electricity $154.71$193.9920.3%
      Phone $186.87$192.252.8%
      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.
      Gilman, IA5438317.0%
      Laurel, IA1948316.6%
      Searsboro, IA1348020.1%
      Kellogg, IA6498019.6%
      Reasnor, IA1008218.1%
      Oakland Acres, IA2001000.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Grayling, AK200964.5%
      Port Alsworth, AK2001098.7%
      Lockhart, AL2008218.4%
      Ellenton, GA2007524.9%
      Burr Oak, IA200927.6%
      Oakland Acres, IA2001000.2%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.