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Iowa vs Nevada Cost of Living

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vs

Purchasing power

Your $75,000 is worth different amounts in each state

$83,519

in Iowa

$75,226

in Nevada

Iowa
Nevada

Each cell = 1% of purchasing power. Green = value, red = gap.

Spending breakdown

Estimated annual spending on a $75,000 salary

Housing: $19,231 (25.6%)Groceries: $9,419 (12.6%)Utilities: $4,620 (6.2%)Transportation: $11,940 (15.9%)Healthcare: $5,754 (7.7%)Dining & Misc: $7,088 (9.5%)Savings: $9,750 (13.0%)Discretionary: $7,198 (9.6%)Iowa$83,519Iowa
Housing: $27,398 (36.5%)Groceries: $10,013 (13.4%)Utilities: $4,494 (6.0%)Transportation: $13,836 (18.4%)Healthcare: $5,358 (7.1%)Dining & Misc: $6,720 (9.0%)Savings: $9,750 (13.0%)Nevada$75,226Nevada
Housing
Groceries
Utilities
Transportation
Healthcare
Dining & Misc
Savings
Discretionary

What things actually cost

Real dollar costs side by side

Housing
Median home$210,000vs$430,000
Iowa
Nevada
105% more
Avg 2BR rent$1,088/movs$1,550/mo
Iowa
Nevada
42% more
Groceries
Index
Iowa
Nevada
6% more
Transportation
Regular gas$3.19/galvs$4.30/gal
Iowa
Nevada
35% more
Utilities
Electric bill$83/movs$102/mo
Iowa
Nevada
23% more
Healthcare
Index
Iowa
7% more
Nevada
Childcare
Infant childcare$9,605/yrvs$15,950/yr
Iowa
Nevada
66% more

Category breakdown

Category Iowa Nevada Difference
Housing 77.7 110.7 -30%
Groceries 96.6 102.7 -6%
Utilities 88.0 85.6 +3%
Transportation 99.5 115.3 -14%
Healthcare 95.9 89.3 +7%
Dining & Misc 94.5 89.6 +5%
Overall 89.8 99.7 -10%

Index values relative to national average (100). Positive difference = more expensive in Iowa.

What things actually cost

Item Iowa Nevada Difference
Median home price $210,000 $430,000 $220,000
Average 2BR rent $1,088/mo $1,550/mo $462
Gas price $3.19/gal $4.30/gal $1.11
Electric bill $83/mo $102/mo $19
Infant childcare $9,605/yr $15,950/yr $6,345

Salary equivalent: Iowa → Nevada

What a Iowa salary buys you in Nevada, adjusted for cost of living.

Salary in Iowa Equivalent in Nevada Difference
$50,000 $55,512 $-5,512
$75,000 $83,268 $-8,268
$100,000 $111,024 $-11,024
$150,000 $166,537 $-16,537
$200,000 $222,049 $-22,049

Positive = your money goes further in Nevada. Based on overall COL index ratio.

Based on MERIC/C2ER 2025 composite indices. Dollar amounts from AAA, EIA, Zillow, and Child Care Aware.

Overview

Nevada is 10% more expensive than Iowa overall. Nevada has an index of 99.7 vs 89.8 for Iowa (national average = 100).

FAQ

Is it cheaper to live in Iowa or Nevada?

Iowa is cheaper to live in. Nevada is 10% more expensive overall. The biggest driver is housing — median home prices are $210,000 in Iowa vs $430,000 in Nevada.

Is Iowa cheaper than Nevada?

Yes, Iowa is 10% cheaper than Nevada overall based on the MERIC/C2ER cost-of-living index. Housing, groceries, and utilities all factor into the difference.

Is Nevada more expensive than Iowa?

Yes, Nevada is 10% more expensive than Iowa based on the MERIC/C2ER composite index. Housing is typically the largest factor in the difference.

What salary in Nevada equals $100,000 in Iowa?

To maintain the same purchasing power as a $100,000 salary in Iowa, you would need approximately $111,024 in Nevada. This is based on the overall cost-of-living index (89.8 vs 99.7).

How do housing costs compare between Iowa and Nevada?

Housing is significantly cheaper in Iowa. Median home prices are $210,000 in Iowa vs $430,000 in Nevada — a $220,000 difference. Average 2-bedroom rent is $1,088/mo vs $1,550/mo.

What costs more in Iowa vs Nevada?

Housing is 30% lower in Iowa (index 77.7 vs 110.7). Transportation is 14% lower in Iowa (index 99.5 vs 115.3). Healthcare is 7% higher in Iowa (index 95.9 vs 89.3).

Is gas cheaper in Iowa or Nevada?

Gas averages $3.19/gallon in Iowa and $4.30/gallon in Nevada — a $1.11 difference per gallon.

Iowa vs Nevada cost of living — how do they compare?

Iowa has an overall cost-of-living index of 89.8 and Nevada has 99.7 (national average = 100). Nevada is 10% more expensive overall. Use the calculator above to see how this affects your specific salary.

How do taxes compare between Iowa and Nevada?

Cost of living is only part of the picture — state income taxes also affect your take-home pay. Iowa moved to a flat income tax rate of 3.80% in 2025, down from a multi-bracket system. Nevada has no state income tax. The state is primarily funded by gaming and sales taxes. Use the Iowa vs Nevada paycheck comparison to see how a specific salary compares after federal and state taxes, FICA, and deductions.

Do I need to file state tax returns in Iowa and Nevada?

Iowa requires residents to file a state income tax return annually, typically due April 15. Nevada has no state income tax, so residents do not file a state tax return. If you move between states mid-year, you typically file a part-year resident return in each state for the income earned while living there.

Where does this cost of living data come from?

Cost-of-living indices are from the MERIC/C2ER 2025 Annual Average. Dollar amounts use AAA gas prices (March 2025), EIA electricity rates (2024), Child Care Aware childcare costs (2024), Zillow home values (2024-2025), and BEA Regional Price Parities.

Related tools

Based on MERIC/C2ER 2025 composite indices and publicly available price data. Cost of living varies significantly by metro area within a state. These are statewide averages.