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Metropolitan Statistical Area

Cost of living in the Iowa City Metro Area

2 counties across IA. Population: 177,420.

Avg. 1-bed rent
$890/mo
Avg. household income
$74,291/yr
Avg. home value
$281,222
Avg. monthly cost
$2,768/mo

Last updated May 22, 2026

Rent in the Iowa City Metro Area

Average rent across the Iowa City metro area, weighted by county population.

Studio
$796
per month
1 bedroom
$890
per month
2 bedroom
$1,077
per month
3 bedroom
$1,491
per month
4 bedroom
$1,769
per month

Source: HUD FMR + ACS (population-weighted metro average)

Income and earnings in the Iowa City Metro Area

Earnings data averaged across all 2 counties.

Household income
$74,291
per year
Individual earnings
$36,480
per year
Per capita
$43,808
per year

Source: ACS (population-weighted metro average)

Home values in the Iowa City Metro Area

Average home values and annual property tax across the metro.

Average home value
$281,222
Average annual property tax
$4,346

Source: ACS (population-weighted metro average)

Energy costs in the Iowa City Metro Area

Residential electricity and natural gas estimates.

Monthly electricity
$134
per month
Monthly gas
$61
per month
Annual total
$2,340
per year

Source: EIA (state averages applied per county, weighted)

All 2 counties in the Iowa City Metro Area

The Iowa City metro area includes 2 counties. Sorted by population.

Compare counties in the Iowa City Metro Area

Put two counties side by side to see how rent, taxes and everyday costs stack up across the metro.

Open comparison tool

Frequently asked questions about the Iowa City Metro Area

Common questions about cost of living in the metro area.

What is the cost of living in the Iowa City Metro Area?

The estimated average cost of living in the Iowa City metro area is approximately $2,768 per month for a single person. This is a population-weighted average across the 2 counties that make up the metro area.

What is the average rent in the Iowa City Metro Area?

The average one-bedroom rent across the Iowa City metro area is $890 per month, based on HUD Fair Market Rent data weighted by county population.

What is the cheapest county in the Iowa City Metro Area?

Washington County, IA is the most affordable county in the Iowa City metro area at approximately $2,681 per month for a single person.

What is the most expensive county in the Iowa City Metro Area?

Johnson County, IA is the most expensive county in the Iowa City metro area at approximately $2,781 per month for a single person.

How many counties are in the Iowa City Metro Area?

The Iowa City metro area covers 2 counties. The five largest by population are Johnson County, Washington County.

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About this data

All figures come from official U.S. government sources. Metro-area averages are population-weighted across constituent counties using Census ACS population estimates.