Salary status · Lower-middle class~29th percentile · Entry-Level

Is $46K a Good Salary in Iowa? 2026 Take-Home Pay & Cost of Living

$46K
gross / year
$3,173 / month take-home in Iowa
Verdict
Workable middle-of-the-road income for Iowa

Yes — $46K in Iowa covers a single adult's costs with a modest cushion, though not a wealthy lifestyle.

Monthly take-home
$3,173
$38,071/yr net
Est. monthly savings
$518
After typical expenses
Housing pressure
High
Rent in Iowa
Effective tax
17.2%
On $46,000 gross
Affordability

Where your monthly paycheck goes

Visual split of a typical single-adult budget against your take-home pay.

Moderate pressureMonthly flexibility · 16% of take-home
Money left after essentials
$518/mo
Workable, slim cushion
Rent (1BR avg)$95030%
Food & groceries$37412%
Transport$42713%
Utilities, health, extras$90428%
Leftover / savings$51816%
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Take-home pay breakdown

Gross / year
$46,000
Net / year
$38,071
Net / month
$3,173
Effective tax
17.2%

Where your paycheck actually goes

Approximate split of $46,000 gross — federal, state/provincial, social, and what lands in your account.

Federal income tax
$4,586
10%
State income tax
$874
2%
Social contributions
$2,469
5%
Take-home (net)
$38,071
83%
What this means in real life

At $46K/year in Iowa, a single adult typically clears about $3,173/month after tax. Rent on a 1-bedroom averages $950, leaving roughly $2,223 for everything else. That covers essentials with a small cushion — savings are possible but slow, and big-city Des Moines rents will eat most of the margin.

Lifestyle verdict
Tight but workable

Workable for one person in most of Iowa, but Des Moines rent and any family obligations push it from "fine" to "stressful". Saving is possible but slow.

How it stacks up in Iowa

Local median household$70,000
This salary$46,000
1.5× median$105,000

Roughly the 29th percentile of Iowa households. Entry-Level.

Who can comfortably live on this?

Same take-home pay, three very different realities.

Single adult
Comfortable

One income, one rent.

Budget: $2,655/mo
Leftover: $518/mo
Couple, no kids
Stretched

Shared rent, two earners possible.

Budget: $3,723/mo
Short: $550/mo
Family (2 adults + kids)
Stretched

Bigger apartment, childcare, more food.

Budget: $4,678/mo
Short: $1,505/mo
Reality check

What can you actually afford in Iowa with $46K?

A realistic monthly breakdown for a single adult — rent in Des Moines, food, transport, insurance, and what's left to save. Tuned to the cost of living in Iowa.

Net / month
$3,173
Typical spend
$2,655
84% of net
Monthly leftover
$518
16% saveable
Spent 84%Saved 16%
  • Rent in Des Moines

    $950/mo
    1-bedroom, average neighborhood
  • Food & groceries

    $374/mo
    Cooking mostly, eating out 1–2×/week
  • Car & transport

    $427/mo
    Fuel, insurance, public transit
  • Health & insurance

    $285/mo
    Coverage, dental, prescriptions
  • Utilities & internet

    $174/mo
    Power, water, mobile, broadband
  • Entertainment & dining

    $196/mo
    Streaming, restaurants, weekends
  • Savings potential

    $518/mo
    What's left after a typical month
Lifestyle insight

$46K in Iowa is workable: you can live in Des Moines, cover the essentials, and put a little aside each month — but expect a tight budget on big-ticket lifestyle extras.

People love reality. Not just taxes.

Lifestyle & affordability

What life actually looks like on this salary

Can you live comfortably on this in Iowa?

  • Tight

    Rent in Des Moines drives most of the affordability story

  • Tight

    A car (and its insurance) is usually a fixed monthly line

  • Tight

    Employer-sponsored health coverage shapes real take-home

$46K in Iowa sits in a real-world context shaped by local rent, car dependency, and US-style health insurance costs.

On $46K, a single adult in Des Moines usually needs to budget carefully — rent, a car, and health coverage are the three pressure points.

Outside Des Moines, the same paycheck typically goes 15–30% further on housing, which dramatically changes the savings picture.

Reality check

$46K in Iowa is workable solo in smaller cities, tight in Des Moines.

Lifestyle snapshot

1-bedroom in a decent neighborhood, one car, cooking most nights, modest savings.

Reality check

How rich you actually feel

A reality-based view of $46K in Iowa — after taxes, rent, and everyday costs.

Lifestyle classIowa
Lower-middle class

This income covers essentials in most of Iowa with a slim cushion — saving is possible but slow.

Higher than 29% of earners · Top 71%
Financial flexibility
63/100
Healthy flexibility
Blends leftover income, rent burden, savings ability and tax weight.
Income percentile
Top 71%
in Iowa
Higher than 29% of earners
Rent stress
30%
of take-home on typical rent
Moderate housing burden
Savings power
$440–$595/mo
$6,211/year potential
Take-home: $3,173/mo
Purchasing power
  • Comfortable solo apartment
  • Reliable car ownership
  • Dining out several times/week
  • Moderate travel flexibility
  • Luxury neighborhoods
Compare this salary

Monthly budget for a single adult in Iowa

Covers the basics with roughly 518/month left over — possible to live, hard to save aggressively.

Housing (rent + insurance)
$950
36%
Transportation
$427
16%
Groceries
$374
14%
Utilities & internet
$174
7%
Healthcare
$285
11%
Entertainment & dining
$196
7%
Misc & personal
$249
9%
Total
$2,655
Surplus / month
$518

Savings potential

With a typical single-adult budget, you could put away roughly $6,211/year — about 16% of take-home pay. Cheaper housing or living outside Des Moines can lift this significantly.

Savings rate16%

Try your own numbers

All math runs locally in your browser — nothing is saved.

Manageable
$
$
$
Net / month
$3,173
Leftover / month
$518
Rent share
30%

Tip: housing experts suggest keeping rent under 30% of take-home pay. You're at 30%.

Rent share of take-home

Average rent in Iowa: $950 (1BR) · $1,150 (2BR).

1BR rent vs net monthly30%
2BR rent vs net monthly36%

Salary ladder in Iowa

  1. $35KTight
    Take-home / mo
    $2,453
    Save
    $0/mo
    Pctl
    20th
    $719/mo

    Covers basics — little room for savings.

  2. $40KTight
    Take-home / mo
    $2,780
    Save
    $125/mo
    Pctl
    24th
    $392/mo

    Covers basics — little room for savings.

  3. $45KTight
    Take-home / mo
    $3,107
    Save
    $452/mo
    Pctl
    28th
    $65/mo

    Covers basics — little room for savings.

  4. $50KTight
    Take-home / mo
    $3,434
    Save
    $779/mo
    Pctl
    32th
    +$262/mo+$262 savings

    Covers basics — little room for savings.

  5. $55KTight
    Take-home / mo
    $3,761
    Save
    $1,106/mo
    Pctl
    37th
    +$588/mo+$588 savings

    Covers basics — little room for savings.

Compare

Compare this salary reality

See how $46K changes shape across nearby states and different income levels.

At a glance

How $46K compares region by region

Same income, different cost structures — quick affordability snapshot.

What changes if you earn more?

Going from $46K to $55K in Iowa:

Take-home / month
+$588
Est. monthly savings
+$588
Rent burden
−4.7pp

Compare $46,000 across countries

Explore other salary ranges in Iowa

Ecosystem

Plan the rest of your finances

Use this salary as the input for the rest of the toolkit — affordability, taxes, savings, debt.

Keep exploring

You may also wonder

Common follow-up questions people ask at this income level.

Related tools

Common questions

These estimates are approximate and may vary by city, taxes, rent, family size, and personal spending. Use them as a starting point, not a substitute for personalised financial or tax advice.

Last updated: 2026. Estimates use simplified federal + state tax models and median rent figures.