What does a Insurance Sales Agents salary really buy you in Iowa?
Iowa is 11.6% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-04-02
Iowa's Regional Price Parity (RPP) is 88.4, meaning prices are 11.6% lower the national average. A Insurance Sales Agents earning $56,950 in Iowa has the equivalent purchasing power of $64,423 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Iowa's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $33,100 | $37,443 | +$4,343 |
| 25th Percentile (P25) | $45,250 | $51,187 | +$5,937 |
| Median (P50) | $56,950 | $64,423 | +$7,473 |
| 75th Percentile (P75) | $79,690 | $90,147 | +$10,457 |
| 90th Percentile (P90) | $125,160 | $141,583 | +$16,423 |
A Insurance Sales Agents in Iowa earns $56,950 on paper, but low living costs mean your money goes 13% further — like earning $64,423 in an average-cost state. This makes Iowa one of the best value states for this occupation.
Where does Insurance Sales Agents salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Iowa ranks #14 out of 49 states for Insurance Sales Agents after cost-of-living adjustment.
Some links are affiliate links. See our disclosure.
How much do you actually take home? See Insurance Sales Agents take-home pay in Iowa after taxes →
A Insurance Sales Agents in Iowa earns a median salary of $56,950 per year. After adjusting for Iowa's cost of living (RPP=88.4), the real purchasing power is $64,423 — a +13.1% difference.
Iowa's cost of living is 11.6% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Iowa is 88.4 (US average = 100).
Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Insurance Sales Agents in Iowa: $56,950 x (100 / 88.4) = $64,423. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Insurance Sales Agents in Iowa enjoys 13.1% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.