Cost of Living: Marshalltown, IA vs Ankeny, IA

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,184/mo in Marshalltown, IA versus $4,184/mo in Ankeny, IA. In the model, rent is about 12.58% of gross in Marshalltown, IA versus 18.63% in Ankeny, IA, so Marshalltown, IA tends to feel more affordable for rent.

Take-home in Marshalltown, IA
$4,184/mo
Income level: near
Take-home in Ankeny, IA
$4,184/mo
Income level: below
Rent share (1BR) in Marshalltown, IA
12.58%
COLI tier: mid-range
Rent share (1BR) in Ankeny, IA
18.63%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Marshalltown, IA and Ankeny, IA.

At a glance

  • Cheaper overall (lower cost-of-living index): Ankeny, IA
  • Lower rent (median 1BR/2BR): Marshalltown, IA
  • Lower home prices: Marshalltown, IA
  • Higher median household income: Ankeny, IA

Cost of Living Index

Marshalltown, IA: 100 (U.S. = 100) · Ankeny, IA: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Marshalltown, IA: $821/mo (midpoint of 1BR/2BR) · Ankeny, IA: $1,215/mo

Median rent in Ankeny, IA is $394/mo higher than in Marshalltown, IA.

Median Home Price

Marshalltown, IA: $117,100 · Ankeny, IA: $311,300

Median home price in Ankeny, IA is $194,200 higher than in Marshalltown, IA.

Median Household Income

Marshalltown, IA: $68,854 · Ankeny, IA: $106,603

Ankeny, IA has a higher median household income than Marshalltown, IA by $37,749.

Marshalltown, IA overview · Ankeny, IA overview · Popular comparisons