Cost of Living in Pella

Pella's cost of living runs genuinely higher than nearby Oskaloosa on housing, even as its effective property tax rate stays within Iowa's normal statewide range.

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Genuinely higher home values

Zillow's typical home value ran approximately $315,219 (up 5.1% YoY); Redfin's own median sale price ran $325,000 in a market Redfin itself rated 'very competitive' (base record).

A real, wide rent spread

AreaVibes cited an average rent of approximately $788/month, while a separate, more recent Redfin figure ran meaningfully higher at approximately $1,031/month (base record).

A property tax rate within Iowa's normal range

Pella's effective property tax rate ran approximately 1.40% -- within Iowa's normal statewide range -- though the median BILL ($3,714) runs well above the national median due to Pella's own higher home values (base record).

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.