Ankeny, Iowa vs. Denver, Colorado

Tax Compare

Our Premium Cost of Living Calculator includes, State and Local Income Taxes, State and Local Sales Taxes, Real Estate Transfer Fees, Federal, State, and Local Consumer Taxes (Gasoline, Liquor, Beer, Cigarettes), Corporate Taxes, plus Auto Sales, Property and Registration Taxes, and an Online Tool to customize your own personal estimated tax burden. Click here to customize.

Taxes
  16.4% lower in Denver, Colorado
than in Ankeny, Iowa
Assumptions
  • Single, standard deduction, one exemption
  • Sales tax includes food and services
  • Real tax taxes are based on the local median home price
  • Car taxes assume a new Honda Accord costing $25,000
   Cost of living
      State level
Ankeny, IA    Denver, CO    U.S. Avg
100 = US Avg. Below 100 means cheaper. Above 100 means more expensive. About our Cost of Living Index
   Customize Your Own Personal Estimated Taxes
Enter your income and we will give you your estimated taxes in Ankeny, Iowa, we will also give you your estimated taxes in Denver, Colorado.
Ankeny, IADenver, CODifference
2019 Federal Inc. Tax$4,342$4,342 
State Income Taxes$2,645$1,833  $812 lower
Sales Taxes$621$860  $239 higher
Real Estate Taxes$4,710$2,190  $2,520 lower
Motor Vehicle Taxes$250$446  $196 higher
Total Taxes$12,568$9,671  $2,897 lower
Marginal Rate6.8%4.6%
Effective Rate5.3%3.7%
   Annual taxes
      Based on $60,000 income
   Social security taxes
Ankeny, IADenver, CO
Tax Social SecurityNoYes
Social Security Note Up to $20,000 can be excluded for taxpayers younger than 65, and for those 65 and older, up to $24,000 can be excluded
   Estimated sales tax
      State level, based on annual income of $75,000
Ankeny, IA    Denver, CO    U.S. Avg
   Tax on food
Ankeny, IADenver, CO
Sales Tax On FoodNoYes - No state sales tax but full tax at local level. No rebate.
   Real estate tax
Ankeny, IA    Denver, CO    U.S. Avg
Assumes the local median home price and sales tax is amoritized over 13 years.
   Vehicle tax
Ankeny, IA    Denver, CO    U.S. Avg
Assumes a new $25,000 Honda Accord and Sales Tax is amortized over 6 years.
   Other taxes
      State level
Ankeny, IA    Denver, CO    U.S. Avg
* grt = Gross Receipts Tax. In this state, the corporation is required to pay the gross receipts tax on each sale instead of a traditional income tax based on its earnings. The effect is that a percentage of the total revenue or gross receipts for each sale has to be paid to the state as tax. The gross receipts tax is much like a Value Added Tax, only for businesses rather than individuals. Four states impose gross receipt taxes, Nevada, Ohio, Texas, and Washington.
Cost of Child care