Iowa, LA is a city located in Louisiana with a moderate cost of living. The average two bedroom rent in Iowa, LA is $970 per month which is significantly cheaper than the US average of $1,430 per month. Grocery costs in Iowa, LA also have an index of 92 versus 100 in the US. Local businesses include several small shops such as B&E Antiques & Collectibles and Barnsley Art Gallery as well as larger companies like Cannery Petroleum LLC and Superior Energy Services Inc. All in all, Iowa, LA provides a livable environment for those looking for a lower cost of living compared to other parts of the US.
Iowa has an unemployment rate of 6.9%. The US average is 6.0%.
Iowa has seen the job market decrease by -13.6% over the last year. Future job growth over the next ten years is predicted to be 54.1%, which is higher than the US average of 33.5%.
Tax Rates for Iowa
- The Sales Tax Rate for Iowa is 10.2%. The US average is 7.3%.
- The Income Tax Rate for Iowa is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Iowa
- The average income of a Iowa resident is $25,196 a year. The US average is $37,638 a year.
- The Median household income of a Iowa resident is $55,163 a year. The US average is $69,021 a year.