Cost of Living in Baldwin, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.0
100 = national avg
-24.0 vs national average
Living Wage (1 Adult)
$33,438
per year
Living Wage (Family of 4)
$79,036
per year
Cost Index by Category
Housing64.2
Food87.9
Transportation75.8
Healthcare90.3
Utilities85.6
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 Baldwin is 76.0, which is 24.0% below the national average. Housing costs are below the national average at an index of 64.2. A single adult needs to earn approximately $33,438 per year to cover basic expenses.