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Storm Lake, 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
45
Very Affordable
Median Home Value
$163,600
National: $426,735
Median Rent
$830/mo
National: $1,527/mo
Household Income
$58,341
National: $84,532
Population
11,275
Purchasing Power
153
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
38 / 100
100 = national average
Rent Index
54 / 100
Overall Index
45
Very Affordable

Storm Lake Mortgage Calculator

Pre-filled with the local median home value of $163,600 and Iowa's property tax rate of 1.57%.

Salary & Purchasing Power

Median household income is $58,341 31% below the national average.

What $58,341 in Storm Lake Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$195,766+236%
Los Angeles, CA$220,399+278%
Detroit, MI$51,859-11%

Property Tax in Storm Lake, IA

Est. Annual Property Tax
$2,569
Monthly Impact
$214
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 Storm Lake to Another City

See how far your salary goes somewhere else.

Cost of Living Comparison

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Storm Lake, IA
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Storm Lake, IA: 38
Rent Prices
54
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