CostIndexUSA

Bismarck, ND vs Iowa City, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostND
Bismarck
91
overall index
$1,300/mo rent
IA
Iowa City
91.5
overall index
$1,300/mo rent

Bismarck and Iowa City have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing≈ Equal
Bismarck
84
Iowa City
84
🛒 Groceries2.1%
Bismarck
95.7
Iowa City
93.7
🚗 Transportation+2.0%
Bismarck
95.7
Iowa City
97.6
🏥 Healthcare+2.0%
Bismarck
86.6
Iowa City
88.3
Utilities+11.6%
Bismarck
75
Iowa City
83.7

Salary Equivalency Calculator

Enter your current salary in Bismarck to see what you'd need to earn in Iowa City to maintain the same purchasing power.

$
Equivalent salary in Iowa City, IA
$80,400
$400 more needed in Iowa City

Formula: salary × (91.5 ÷ 91) = salary × 1.0055. Based on BEA Regional Price Parities.

Housing Market

Bismarck, ND

Median Home Price
$339,000
Median Monthly Rent
$1,300
Housing Index
84
Price-to-Rent Ratio
21.7×

Iowa City, IA

Median Home Price
$287,000
Median Monthly Rent
$1,300
Housing Index
84
Price-to-Rent Ratio
18.4×

Income & Job Market

Bismarck, ND

Median Household Income
$83,400
Per Capita Income
$47,500
Unemployment Rate
1.9%
Population
73,529
Top Industries
GovernmentEnergyHealthcareFinanceAgriculture

Iowa City, IA

Median Household Income
$71,900
Per Capita Income
$41,000
Unemployment Rate
2.3%
Population
74,398
Top Industries
EducationHealthcareTechnologyResearchGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bismarck, ND
5.3×income-to-rent ratio

81% of income left after rent (median)

Iowa City, IA
4.6×income-to-rent ratio

78% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.