Town27,338 people

Mason City, IA

Discover how far your salary goes in Mason City. Compare taxes, rent, and living costs.

Cost Index
91
Below Average
Population

27,338

State Tax

6.0%

1BR Rent

$1,064

/month

vs National

-24%

below avg

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Rent Prices in Mason City

🏠

Studio

$851

/month

$10,212/year

Most Common
🛏️

1 Bedroom

$1,064

/month

$12,768/year

🏡

2 Bedroom

$1,436

/month

$17,232/year

🏘️

3 Bedroom

$1,862

/month

$22,344/year

Taxes in Iowa

State Income Tax

Iowa

6.0%

For a $100k salary, that's ~$6,000/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Mason City, IA?

Mason City has a cost of living index of 91, which is 9% below the national average. A 1-bedroom apartment costs around $1,064/month.

What is the state income tax in Iowa?

Iowa has a state income tax rate of approximately 6.0%. This is in addition to federal income tax.

How much is rent in Mason City?

The median rent for a 1-bedroom apartment in Mason City is $1,064/month. For a 2-bedroom, expect to pay around $1,436/month. This is 24% below the national average.

Is Mason City a good place to live?

Mason City is a town with a population of 27,338. The cost of living is below average, making it more affordable than average for the US.

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