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College Costs in Independence, IA 2026

Compare tuition, housing, and financial aid across 2 colleges in Independence, Iowa. Use our free calculator to estimate your total cost.

Avg Public Tuition

$9,600

per year

Avg Private Tuition

$34,000

per year

Avg Rent Near Campus

$630

per month

Colleges & Universities

2

institutions

Independence Overview

Population

42,743

Student Population

2,323 (5.4%)

Cost of Living Index

85.1 (avg: 100)

Walk Score

43/100

Transit Score

19/100

Unemployment Rate

3%

College Cost Calculator for Independence

Cost Inputs

Total Cost (4 Years, Public In-State)

$92,348

Total After Financial Aid

$92,348

Annual Cost

$23,087

Annual After Aid

$23,087

Cost Breakdown (4 Years)

Tuition$38,400
Room & Board$53,948

If Financed (10-Year Loan at 6.5%)

Loan Amount$92,348
Monthly Payment$1,049
Total Interest$33,483
Total Loan Cost$125,831

Universities in Independence

UniversityTypeAnnual Tuition
Independence State UniversityPublic$10,529
Independence Community CollegeCommunity$5,123

Independence has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Independence vs. National Average

CategoryIndependenceNational AvgDifference
Public Tuition (In-State)$9,600$10,940-$1,340
Monthly Rent Near Campus$630$1,050-$420
Cost of Living Index85.1100-14.900000000000006

Independence's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Independence

43

Walk Score

Car-Dependent

19

Transit Score

Minimal Transit

5.4%

Student Population

2,323 students

Independence has a total population of 42,743, with approximately 2,323 college students (5.4% of the population). While not primarily a college town, Independence offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Independence

$35,781

Starting Salary

3%

Unemployment Rate

63%

Graduation Rate

~118 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Independence earn a median starting salary of $35,781, which is $781 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $92,348 (including room and board), it would take approximately 118 years of the salary premium to recoup the investment. With average financial aid of $13,389 per student per year, the net cost and payback period can be significantly reduced.

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