Cost of Living in Alvord, IA

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

Cost of Living Overview

Overall Index

86.0

100 = national avg

-14.0 vs national average

Living Wage (1 Adult)

$37,822

per year

Living Wage (Family of 4)

$89,398

per year

Cost Index by Category

Housing
45.7
Food
104.2
Transportation
123.7
Healthcare
103.4
Utilities
91.7

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 Alvord is 86.0, which is 14.0% below the national average. Housing costs are below the national average at an index of 45.7. A single adult needs to earn approximately $37,822 per year to cover basic expenses.