CostIndexUSA

Des Moines, IA vs New Haven, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Des Moines
91.7
overall index
$1,250/mo rent
CT
New Haven
104.6
overall index
$1,975/mo rent

Des Moines is moderately cheaper than New Haven — 14.1% lower overall cost of living.

To match an $80,000 salary in Des Moines, you would need $91,300 in New Haven. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+46.8%
Des Moines
84.7
New Haven
124.3
🛒 Groceries+3.8%
Des Moines
93.7
New Haven
97.3
🚗 Transportation+10.5%
Des Moines
97.6
New Haven
107.8
🏥 Healthcare+10.4%
Des Moines
88.3
New Haven
97.5
Utilities+71.2%
Des Moines
84.6
New Haven
144.8

Salary Equivalency Calculator

Enter your current salary in Des Moines to see what you'd need to earn in New Haven to maintain the same purchasing power.

$
Equivalent salary in New Haven, CT
$91,300
$11,300 more needed in New Haven

Formula: salary × (104.6 ÷ 91.7) = salary × 1.1407. Based on BEA Regional Price Parities.

Housing Market

Des Moines, IA

Median Home Price
$285,000
Median Monthly Rent
$1,250
Housing Index
84.7
Price-to-Rent Ratio
19.0×

New Haven, CT

Median Home Price
$386,000
Median Monthly Rent
$1,975
Housing Index
124.3
Price-to-Rent Ratio
16.3×

New Haven has 46.8% higher housing costs compared to Des Moines.

Income & Job Market

Des Moines, IA

Median Household Income
$82,700
Per Capita Income
$47,100
Unemployment Rate
3.1%
Population
214,237
Top Industries
FinanceInsuranceHealthcareGovernmentManufacturing

New Haven, CT

Median Household Income
$80,700
Per Capita Income
$46,000
Unemployment Rate
4.2%
Population
130,250
Top Industries
EducationHealthcareManufacturingFinanceGovernment

Affordability at a Glance

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

Des Moines, IA
5.5×income-to-rent ratio

82% of income left after rent (median)

New Haven, CT
3.4×income-to-rent ratio

71% 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.