Cost of Living in Ackley, IA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

85.4

100 = national avg

-14.6 vs national average

Living Wage (1 Adult)

$37,582

per year

Living Wage (Family of 4)

$88,830

per year

Cost Index by Category

Housing
67.5
Food
97.1
Transportation
94.3
Healthcare
97.7
Utilities
91.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$700

per month

2 Bedroom

$919

per month

The overall cost of living index in Ackley is 85.4, which is 14.6% below the national average. Housing costs are below the national average at an index of 67.5. A single adult needs to earn approximately $37,582 per year to cover basic expenses.