Cost of Living in Lake Panorama, IA
Population: 844 | Iowa
Lake Panorama is 9% more expensive than the national average.
Cost of Living in Lake Panorama, IA: What You Need to Know
With a cost of living index of 109, Lake Panorama, IA is somewhat more expensive than average. Living here is 9% more expensive than the national average and 38% above the Iowa state average of 71. Lake Panorama is a small community of 844 residents.
The median household income in Lake Panorama is $149,722, which is 99% higher than the national median of $75,149.
Climate is another factor for anyone considering a move to Lake Panorama. The area sees an average annual temperature of 50.9°F, with summers averaging 74°F and winters around 26°F. Annual rainfall totals 36.6 inches spread over roughly 113 days. Cold winters mean higher heating bills, an important cost-of-living consideration.
Everyday prices in the Des Moines-West Des Moines, IA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
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
- $149,722
- vs US Median ($75,149)
- +99%
Housing
- Median Home Value
- $442,600
- Median Monthly Housing Cost
- $1,932/mo
Everyday Prices in Lake Panorama
BLS Average Prices for the Des Moines-West Des Moines, IA (Metropolitan Statistical Area) area
Climate in Lake Panorama
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 31 | 36 | 49 | 62 | 72 | 82 | 86 | 84 | 77 | 63 | 48 | 36 |
| Avg °F | 22 | 27 | 39 | 51 | 62 | 72 | 76 | 74 | 66 | 53 | 39 | 28 |
| Low °F | 14 | 18 | 30 | 41 | 52 | 62 | 66 | 64 | 55 | 43 | 30 | 20 |
| Rain" | 1.1 | 1.3 | 2.2 | 4.0 | 5.2 | 5.3 | 3.8 | 4.2 | 3.2 | 2.8 | 1.9 | 1.6 |