Cost of Living in Alexander, IA

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

Cost of Living Overview

Overall Index

87.3

100 = national avg

-12.7 vs national average

Living Wage (1 Adult)

$38,419

per year

Living Wage (Family of 4)

$90,808

per year

Cost Index by Category

Housing
41.2
Food
110.2
Transportation
120.4
Healthcare
108.2
Utilities
94.4

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 Alexander is 87.3, which is 12.7% below the national average. Housing costs are below the national average at an index of 41.2. A single adult needs to earn approximately $38,419 per year to cover basic expenses.