Home / Iowa / Westwood

Cost of Living in Westwood, IA

Population: 104 | Iowa

93
Cost of Living Index
US Average = 100

Westwood is 7% less expensive than the national average.

100
Housing
85
Home Values
92
Regional Price

Cost of Living in Westwood, IA: What You Need to Know

With a cost of living index of 93, Westwood, IA is slightly more affordable than average. Living here is 7% cheaper than the national average and 22% above the Iowa state average of 71. Westwood is a small community of 104 residents.

The median household income in Westwood is $117,083, which is 56% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Westwood. The area sees an average annual temperature of 51.9°F, with summers averaging 74°F and winters around 28°F. Annual rainfall totals 37.9 inches spread over roughly 114 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Iowa City, 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
$117,083
vs US Median ($75,149)
+56%

Housing

Median Home Value
$258,900
Median Monthly Housing Cost
$1,758/mo

Everyday Prices in Westwood

BLS Average Prices for the Iowa City, IA (Metropolitan Statistical Area) area

$2.96
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.42
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.89
Milk (whole)
per gallon
-3% vs US
🍞
$1.79
Bread (white)
per lb
-3% vs US
🍗
$4.00
Chicken breast
per lb
-3% vs US
$0.17
Electricity
per kWh
-12% vs US

Climate in Westwood

NOAA 30-year normals (1991-2020)

51.9°F
Avg Temperature
37.9"
Rainfall / Year
114d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 32 37 50 63 73 82 85 84 78 65 50 37
Avg °F 24 29 41 52 63 73 76 74 67 54 41 30
Low °F 16 21 31 42 53 63 66 64 56 44 32 22
Rain" 1.5 1.7 2.4 3.9 4.9 4.9 4.0 3.8 3.5 3.1 2.3 1.9

Compare Westwood With