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Cost of Living in Coralville, IA

Population 23,234 · Census ACS 2020–2024 5-year estimates

Median rent$1,057
Median home value$298,500
Median household income$69,144

The median rent in Coralville, IA is $1,057/month, 9% higher than the Iowa median and 25% lower than the U.S. median. The median home value is $298,500, 10% lower than the national median. Households earn a median of $69,144 a year, 8% lower than the state median.

Affordability

Rent as a share of median income: 18.3%
Income needed for median rent (30% rule): $42,280/yr
Home price-to-income ratio: 4.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,509/mo

Run your own numbers: mortgage calculator · hourly to salary

Coralville vs. Iowa vs. U.S.

CoralvilleIowaU.S.
Median rent$1,057$972$1,413
Median home value$298,500$208,000$332,700
Median household income$69,144$75,059$80,734
Homeownership rate55.9%71.7%65.2%
Bachelor's degree or higher56.0%31.4%35.7%
Poverty rate13.0%11.1%12.5%
Unemployment rate2.2%3.6%5.2%
Work from home13.3%11.3%15.1%
Median age34.038.638.9

FAQ

What is the average rent in Coralville, IA?

The median gross rent in Coralville, IA is $1,057 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Coralville, IA?

Using the common 30% rule, renting a median-priced home takes about $42,280 a year in gross income.

Is Coralville, IA expensive to live in?

Rent there is 25% lower than the U.S. median, and the median home costs about 4.3 times the median household income.

Other cities in Iowa

Des Moines, IARent $1,090 · Income $65,932Cedar Rapids, IARent $967 · Income $70,424Davenport, IARent $978 · Income $66,200Sioux City, IARent $976 · Income $68,906Iowa City, IARent $1,094 · Income $58,546Ankeny, IARent $1,319 · Income $108,198

Cities with a similar cost of living

Romulus, MIRent $1,049 · Income $69,151Cheektowaga, NYRent $1,055 · Income $68,613Lakewood, OHRent $1,070 · Income $68,954Dodge City, KSRent $1,045 · Income $68,721Watertown, WIRent $1,052 · Income $70,107Springdale, ARRent $1,071 · Income $69,787

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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