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2024 BEA RPP All 4 categories Federal source

Des Moines-West Des Moines, IA

Cost-of-living indicators for Des Moines-West Des Moines, IA, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 19780 · Data year: 2024 · Rank: #252 of 387

Des Moines-West Des Moines, IA has a cost of living index of 91.7, meaning it's 8.3% less expensive than the national average. Goods cost 6.3% less, services 15.4% less, and rents are 15.3% below average. A $100K national salary has the purchasing power of $109,050 here.

What the Numbers Mean for Des Moines

Des Moines ranks #252 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 91.7, Des Moines-West Des Moines, IA is 8.3% less expensive than the national baseline of 100. The gap between Des Moines's most and least expensive categories — the priciest line item versus services at 84.6 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $109,050 inside Des Moines, while a household needs roughly $91,701 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 84.7 — 15.3% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Des Moines's overall index has fallen by 3.4 points, improving relative affordability. For the 2024 data year, goods are indexed at 93.7 and services at 84.6, meaning everyday spending in Des Moines is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Des Moines Cost Index at a Glance

Des Moines all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10091.7

Des Moines category breakdown

BEA RPP composition by goods, services, rents, overall

Rents84.741Services84.585Goods93.73Overall91.701

Price Index Summary

Overall

91.7

-8.3 below avg

Goods

93.7

-6.3 below avg

Services

84.6

-15.4 below avg

Rents

84.7

-15.3 below avg

Price Index vs National Average (100)

Overall
National avg

Index 91.7 (-8.3 vs national avg)

Goods
National avg

Index 93.7 (-6.3 vs national avg)

Services
National avg

Index 84.6 (-15.4 vs national avg)

Rents
National avg

Index 84.7 (-15.3 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Services -15.4% (84.6)
Rents -15.3% (84.7)
Overall -8.3% (91.7)
Goods -6.3% (93.7)

Income Adequacy in Des Moines

Des Moines income adequacy score

$75,000 median income vs RPP 91.7

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$91,701

in Des Moines-West Des Moines, IA purchasing power

$50,000 nationally
$45,850
$75,000 nationally
$68,776
$125,000 nationally
$114,626
$150,000 nationally
$137,551
$200,000 nationally
$183,402

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 3.4 points over this period.

Year Overall
2008 95.1
2009 97.2
2010 95.2
2011 94.4
2012 95.5
2013 95.8
2014 95.9
2015 94.6
2016 94.6
2017 93.9
2018 95.5
2019 95.6
2020 93.8
2021 93.4
2022 92.1
2023 92.8
2024 91.7

Metros with Similar Cost of Living

These metros have an overall RPP closest to Des Moines-West Des Moines, IA's index of 91.7.

Related Data for Des Moines

Frequently Asked Questions

What is the cost of living in Des Moines-West Des Moines, IA?
Des Moines-West Des Moines, IA has a Regional Price Parity (RPP) index of 91.7, meaning it is 8.3% less expensive than the national average. Goods are indexed at 93.7, services at 84.6, and rents at 84.7. It ranks #252 out of 387 U.S. metro areas by overall cost.
What salary do I need in Des Moines-West Des Moines, IA to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $91,701 in Des Moines-West Des Moines, IA. Conversely, $100K earned in Des Moines-West Des Moines, IA has the purchasing power of $109,050 at the national average.
How expensive is rent in Des Moines-West Des Moines, IA?
Rents in Des Moines-West Des Moines, IA are indexed at 84.7, which is 15.3% below the national average. This makes the area relatively affordable for renters.
Is Des Moines-West Des Moines, IA getting more expensive?
From 2008 to 2024, Des Moines-West Des Moines, IA's overall cost index changed by -3.4 points (from 95.1 to 91.7). The cost of living has been declining.
What metros have a similar cost of living to Des Moines-West Des Moines, IA?
Metros with the most similar overall cost index include Michigan City-La Porte, Birmingham, Fond du Lac. These areas have RPP values within a few points of Des Moines-West Des Moines, IA's 91.7.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page