Cost of Living in Albia, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.5
100 = national avg
-4.5 vs national average
Living Wage (1 Adult)
$42,011
per year
Living Wage (Family of 4)
$99,299
per year
Cost Index by Category
Housing83.4
Food101.8
Transportation103.6
Healthcare101.5
Utilities97.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$700
per month
2 Bedroom
$919
per month
The overall cost of living index in Albia is 95.5, which is 4.5% below the national average. Housing costs are below the national average at an index of 83.4. A single adult needs to earn approximately $42,011 per year to cover basic expenses.