Cost of Living in Derby, IA
Population: 106 | Iowa
Derby is 22% less expensive than the national average.
Cost of Living in Derby, IA: What You Need to Know
With a cost of living index of 78, Derby, IA is a very affordable place to live. Living here is 22% cheaper than the national average and 7% above the Iowa state average of 71. Derby is a small community of 106 residents.
The median household income in Derby is $58,750, which is 22% lower than the national median of $75,149. 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.
Income
- Median Household Income
- $58,750
- vs US Median ($75,149)
- -22%
Housing
- Median Home Value
- $73,800
- Median Monthly Housing Cost
- $446/mo