Calculate using real Des Moines data. Median home price: $195,000. Property tax rate: 1.56%.
Des Moines, IA has a cost of living index of 88, where 100 represents the national average. This means living in Des Moines is 12% less expensive the national average.
The median household income in Des Moines, IA is $55,264. Combined with a cost of living index of 88, this provides a picture of purchasing power in the area.
The median home price in Des Moines, IA is $195,000 with a property tax rate of 1.56%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $1,390.