Cost of Living in Indianola, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
63.8
100 = national avg
-36.2 vs national average
Living Wage (1 Adult)
$28,067
per year
Living Wage (Family of 4)
$66,341
per year
Cost Index by Category
Housing37.5
Food82.2
Transportation82.8
Healthcare85.8
Utilities76.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$974
per month
The overall cost of living index in Indianola is 63.8, which is 36.2% below the national average. Housing costs are below the national average at an index of 37.5. A single adult needs to earn approximately $28,067 per year to cover basic expenses.