CostIndexUSA

Iowa City, IA vs Killeen, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostIA
Iowa City
91.5
overall index
$1,300/mo rent
TX
Killeen
91.1
overall index
$1,325/mo rent

Iowa City and Killeen have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing7.3%
Iowa City
84
Killeen
77.9
🛒 Groceries≈ Equal
Iowa City
93.7
Killeen
93.8
🚗 Transportation+3.6%
Iowa City
97.6
Killeen
101.1
🏥 Healthcare+3.5%
Iowa City
88.3
Killeen
91.4
Utilities3.0%
Iowa City
83.7
Killeen
81.2

Salary Equivalency Calculator

Enter your current salary in Iowa City to see what you'd need to earn in Killeen to maintain the same purchasing power.

$
Equivalent salary in Killeen, TX
$79,600
$400 less needed in Killeen

Formula: salary × (91.1 ÷ 91.5) = salary × 0.9956. Based on BEA Regional Price Parities.

Housing Market

Iowa City, IA

Median Home Price
$287,000
Median Monthly Rent
$1,300
Housing Index
84
Price-to-Rent Ratio
18.4×

Killeen, TX

Median Home Price
$247,000
Median Monthly Rent
$1,325
Housing Index
77.9
Price-to-Rent Ratio
15.5×

Iowa City has 7.3% lower housing costs compared to Killeen.

Income & Job Market

Iowa City, IA

Median Household Income
$71,900
Per Capita Income
$41,000
Unemployment Rate
2.3%
Population
74,398
Top Industries
EducationHealthcareTechnologyResearchGovernment

Killeen, TX

Median Household Income
$71,000
Per Capita Income
$40,500
Unemployment Rate
5.2%
Population
154,823
Top Industries
MilitaryHealthcareRetailGovernmentManufacturing

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Iowa City, IA
4.6×income-to-rent ratio

78% of income left after rent (median)

Killeen, TX
4.5×income-to-rent ratio

78% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.