Cost of Living in Aredale, IA

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

Cost of Living Overview

Overall Index

56.8

100 = national avg

-43.2 vs national average

Living Wage (1 Adult)

$24,987

per year

Living Wage (Family of 4)

$59,061

per year

Cost Index by Category

Housing
33.5
Food
71.4
Transportation
88.5
Healthcare
77.1
Utilities
69.5

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 Aredale is 56.8, which is 43.2% below the national average. Housing costs are below the national average at an index of 33.5. A single adult needs to earn approximately $24,987 per year to cover basic expenses.