An analysis conducted by the National Partnership for Women & Families, released on Equal Pay Day (April 14), shows the damage Iowa’s gender-based wage gap is doing to families and the state economy.

Women employed full-time in Iowa are paid just 78 cents for every dollar paid to men, according to a release, amounting to a yearly gap of $10,328. This means collectively, Iowa women lose nearly $4.9 billion every year that could pay for basic goods and services that strengthen the state’s economy and are essential for the more than 115,000 Iowa households headed by women.

Nationwide, it displays the wage gap across states, among women of color, and by parental and marital status. It identifies a pervasive gap that disproportionately harms mothers, single mothers and mothers of color, who can suffer from double and triple binds of discrimination.

The report also concluded that Iowa has the 19th largest cents-on-the-dollar wage gap among the states. According to the analysis, if the gap between men’s and women’s wages were eliminated, a full-time working woman in Iowa could afford food for nearly two more years, mortgage and utilities for nine more months, rent for more than 15 more months, or 3,100 more gallons of gas. These basic necessities would be especially important for the 31 percent of Iowa’s women-headed households currently living below the poverty level.

The analysis used recent U.S. Census Bureau data.

The full report for Iowa is available online.