Cost of Living in Albert City, IA

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

Cost of Living Overview

Overall Index

96.0

100 = national avg

-4.0 vs national average

Living Wage (1 Adult)

$42,223

per year

Living Wage (Family of 4)

$99,801

per year

Cost Index by Category

Housing
69.5
Food
108.2
Transportation
116.3
Healthcare
106.5
Utilities
98.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$770

per month

2 Bedroom

$1,010

per month

The overall cost of living index in Albert City is 96.0, which is 4.0% below the national average. Housing costs are below the national average at an index of 69.5. A single adult needs to earn approximately $42,223 per year to cover basic expenses.