Cost of Living in Delta, IA

With a cost of living index of 63, Delta, IA is one of the most affordable cities in the country. Living here is 37% cheaper than the national average and 8% below the Iowa state average of 71. Delta is a small community of 332 residents.

Housing costs are the biggest factor in Delta's cost of living. The median monthly rent is $928 (30% below the US median of $1,319), and the median home value sits at $39,400 (87% below the national median of $304,900). At current prices, the median home costs roughly 0.7x the median household income — well within traditional affordability guidelines.

The median household income in Delta is $54,750, which is 27% lower than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.