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Des Moines, IA

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
54
Very Affordable
Median Home Value
$183,700
National: $426,735
Median Rent
$1,054/mo
National: $1,527/mo
Household Income
$63,966
National: $84,532
Population
212,464
Purchasing Power
140
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
43 / 100
100 = national average
Rent Index
69 / 100
Overall Index
54
Very Affordable

Des Moines Mortgage Calculator

Pre-filled with the local median home value of $183,700 and Iowa's property tax rate of 1.57%.

Salary & Purchasing Power

Median household income is $63,966 24% below the national average.

What $63,966 in Des Moines Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$178,868+180%
Los Angeles, CA$201,374+215%
El Paso, TX$61,597-4%
Detroit, MI$47,382-26%

Property Tax in Des Moines, IA

Est. Annual Property Tax
$2,884
Monthly Impact
$240
Added to your mortgage
Effective Rate
1.57%
National avg: ~1.00%

Iowa Tax Overview

Tax TypeIowaNational Avg
Property Tax Rate1.57%1.00%
Top Income Tax Rate5.7%~5.0%
State Sales Tax6.94%~5.0%

Compare Des Moines to Another City

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Cost of Living Comparison

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Des Moines, IA
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Des Moines, IA: 43
Rent Prices
69
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR