Answer
The cost to adopt Ranked Choice Voting in Iowa would not be significant because the voting equipment used in 95% of Iowa counties are already capable of conducting RCV elections.
Learn about Iowa’s RCV readiness assessment here:
https://www.rcvresources.org/iowa-state-assessment
Compare Iowa’s RCV readiness to other states here:
https://www.rcvresources.org/state-assessments
Learn more about voting systems manufacturers in the U.S. and their level of RCV readiness here:
https://www.fairvote.org/voting_systems_and_rcv
A list of voting machines and systems used in Iowa:
https://sos.iowa.gov/elections/pdf/covotesystem.pdf
Examples of manufacturers' brochures addressing their systems and RCV:
https://www.dominionvoting.com/download/rcv/?wpdmdl=67454&masterkey=5f1f590f2ec3b
https://unisynvoting.com/wp-content/uploads/2018/08/OCS-Brochure-8-16-17.pdf