DegreeCalc

College Costs in Indianola, IA 2026

Compare tuition, housing, and financial aid across 2 colleges in Indianola, 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

$537

per month

Colleges & Universities

2

institutions

Indianola Overview

Population

16,112

Student Population

1,087 (6.7%)

Cost of Living Index

85.2 (avg: 100)

Walk Score

42/100

Transit Score

22/100

Unemployment Rate

2.7%

College Cost Calculator for Indianola

Cost Inputs

Total Cost (4 Years, Public In-State)

$88,772

Total After Financial Aid

$88,772

Annual Cost

$22,193

Annual After Aid

$22,193

Cost Breakdown (4 Years)

Tuition$38,400
Room & Board$50,372

If Financed (10-Year Loan at 6.5%)

Loan Amount$88,772
Monthly Payment$1,008
Total Interest$32,187
Total Loan Cost$120,959

Universities in Indianola

UniversityTypeAnnual Tuition
Indianola State UniversityPublic$8,972
Indianola Community CollegeCommunity$4,739

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

Cost of Living in Indianola vs. National Average

CategoryIndianolaNational AvgDifference
Public Tuition (In-State)$9,600$10,940-$1,340
Monthly Rent Near Campus$537$1,050-$513
Cost of Living Index85.2100-14.799999999999997

Indianola'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 Indianola

42

Walk Score

Car-Dependent

22

Transit Score

Minimal Transit

6.7%

Student Population

1,087 students

Indianola has a total population of 16,112, with approximately 1,087 college students (6.7% of the population). While not primarily a college town, Indianola offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Indianola

$41,337

Starting Salary

2.7%

Unemployment Rate

57%

Graduation Rate

~14 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Indianola earn a median starting salary of $41,337, which is $6,337 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $88,772 (including room and board), it would take approximately 14 years of the salary premium to recoup the investment. With average financial aid of $11,059 per student per year, the net cost and payback period can be significantly reduced.

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