Cost of Living in Barnum, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.3
100 = national avg
-1.7 vs national average
Living Wage (1 Adult)
$43,266
per year
Living Wage (Family of 4)
$102,266
per year
Cost Index by Category
Housing62.1
Food113.9
Transportation127.8
Healthcare111.1
Utilities100.7
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 Barnum is 98.3, which is 1.7% below the national average. Housing costs are below the national average at an index of 62.1. A single adult needs to earn approximately $43,266 per year to cover basic expenses.