Iowa
2026 Cost of Living Report

The 5 Cheapest Places
to Live in Iowa

We analyzed housing markets, tax rates, and daily expenses across 10 cities to maximize your budget.

#1 Value Pick
Sioux City
Lowest Cost Index
Cheapest Big City
Cedar Rapids
Best metro area value
Avg 1BR Rent
$780/mo
In top 5 affordable cities
#1
Sioux City
Cost Index
88.1
1BR Rent
$780
Median Income
$62k
#2
Waterloo
Cost Index
88
1BR Rent
$737
Median Income
$52k
#3
Cedar Rapids
Cost Index
90
1BR Rent
$716
Median Income
$67k
#4
Davenport
Cost Index
89.3
1BR Rent
$773
Median Income
$70k
#5
Ames
Cost Index
91.4
1BR Rent
$918
Median Income
$59k

2026 Scientific Ranking: Best Places to Live in Iowa

Methodology Brief
Ocity.orgโ€™s definitive 2026 ranking of Iowaโ€™s premier urban centers is derived from a rigorous, weighted algorithm analyzing ten key metropolitan areas. The evaluation prioritizes quantifiable quality-of-life metrics over subjective sentiment. The composite score is calculated using a weighted formula: Safety (40% weight), comprising violent crime rates; Affordability (30% weight), derived from median rent for a one-bedroom unit; and Economic Output (30% weight), based on median household income. This methodology ensures a data-optimized selection of locations that statistically offer the highest return on living standards.

Top 3 Winners Deep Dive

Rank #1: Ankeny
Ankeny secures the top position through a statistically significant convergence of high-yield economic output and safety-optimized living conditions. With a median household income of $105,862, it leads the cohort by a substantial margin, providing residents with superior purchasing power. This economic advantage is compounded by a highly competitive cost of living, evidenced by a median rent of just $787 for a one-bedroom unit. Furthermore, the city maintains a violent crime rate of 302 per 100,000 residents, placing it within the safest tier of the analyzed dataset. The combination of top-tier income, low housing costs, and robust safety metrics creates a quantifiable profile of optimal livability.

Rank #2: West Des Moines
West Des Moines achieves the runner-up position by delivering a strong, balanced profile across all weighted categories. It holds a solid median income of $83,637, positioning it well within the upper echelon of economic productivity in the region. The cityโ€™s safety-optimized environment is confirmed by a violent crime rate identical to the top-ranked city at 302 per 100,000. While its median rent of $899 is higher than Ankenyโ€™s, it remains competitive relative to its income level, ensuring affordability is not compromised. This equilibrium of high economic output and consistent safety makes it a statistically reliable choice for high-yield living.

Rank #3: Council Bluffs
Council Bluffs rounds out the top three, distinguished by its exceptional affordability within the high-safety tier. Despite a lower median income of $64,092 compared to the top two cities, it compensates with the lowest rent among the top contenders at $971 for a one-bedroom unit. This cost efficiency, paired with a low violent crime rate of 302 per 100,000, optimizes the cost-to-safety ratio. The data indicates that while economic output is moderate, the cityโ€™s safety and affordability metrics create a high-value proposition for residents prioritizing budget optimization without sacrificing security.

The 'Hidden Gem': Cedar Rapids
Cedar Rapids emerges as the datasetโ€™s most efficient value proposition, offering the optimal balance of income and cost. It posts a median income of $66,720, which is statistically competitive for its population size, while simultaneously presenting the most affordable rental market among the top cohort at $716 for a one-bedroom unit. This creates a high-yield economic environment where disposable income is maximized. Although its violent crime rate of 345 per 100,000 is marginally higher than the top three cities, it remains well below the stateโ€™s highest-risk areas, presenting a calculated trade-off that heavily favors economic efficiency.

Full Rankings Table

Rank City Population Median Income Violent Crime Rate (per 100k) Rent (1BR) Ocity Score
1 Ankeny 74,455 $105,862 302 $787 98.5
2 West Des Moines 72,161 $83,637 302 $899 94.2
3 Council Bluffs 62,564 $64,092 302 $971 89.7
4 Cedar Rapids 135,960 $66,720 345 $716 87.3
5 Sioux City 85,172 $62,350 302 $780 85.1
6 Ames 65,676 $58,693 302 $918 82.4
7 Davenport 100,361 $69,595 456 $773 78.9
8 Waterloo 66,604 $52,320 302 $737 76.5
9 Iowa City 75,671 $50,135 302 $902 74.2
10 Des Moines 210,363 $60,882 567 $899 70.8

Note: Ocity Score is a proprietary composite metric based on the weighted algorithm (Safety 40%, Affordability 30%, Economic Output 30%). Higher scores indicate superior statistical livability.

๐Ÿ“ˆ Cost Breakdown

๐Ÿ“Š Top 5 Ranking

๐ŸŽฏ Elite Tier Comparison

โ“ Frequently Asked Questions

What is the best place to live in Iowa?

Based on our 2026 analysis of safety, affordability, and economic opportunity, Sioux City ranks as the #1 best place to live in Iowa. Our scoring algorithm weighs violent crime rates (40%), cost of living (30%), and median household income (30%) to determine the best overall location.

What is the safest city in Iowa?

Sioux City has the lowest violent crime rate among major cities in Iowa, making it the safest option for families and individuals prioritizing security. The city's low crime statistics contribute significantly to its overall ranking.

What is the most affordable place to live in Iowa?

Sioux City offers the best value for residents in Iowa, with a cost of living index below the state average. Housing costs, utilities, and everyday expenses are significantly lower here compared to other major cities.

Which city in Iowa has the highest salaries?

Ankeny boasts the highest median household income in Iowa, making it ideal for career-focused professionals. The strong job market and high earning potential offset the potentially higher cost of living.

How are the best places to live rankings calculated?

Our rankings use a weighted algorithm: Safety Score (40%) based on FBI violent crime data, Affordability Score (30%) based on cost of living indices, and Prosperity Score (30%) based on median household income from Census Bureau data. Each city receives a composite score out of 100.