Cost of Living in Ankeny, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
143.1
100 = national avg
+43.1 vs national average
Living Wage (1 Adult)
$62,949
per year
Living Wage (Family of 4)
$148,788
per year
Cost Index by Category
Housing161.2
Food131.5
Transportation112.2
Healthcare125.2
Utilities131.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,109
per month
2 Bedroom
$1,318
per month
The overall cost of living index in Ankeny is 143.1, which is 43.1% above the national average. Housing costs are above the national average at an index of 161.2. A single adult needs to earn approximately $62,949 per year to cover basic expenses.