Cost of Living in Bayard, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.7
100 = national avg
-25.3 vs national average
Living Wage (1 Adult)
$32,879
per year
Living Wage (Family of 4)
$77,714
per year
Cost Index by Category
Housing71.5
Food83.4
Transportation66.9
Healthcare86.8
Utilities84.4
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 Bayard is 74.7, which is 25.3% below the national average. Housing costs are below the national average at an index of 71.5. A single adult needs to earn approximately $32,879 per year to cover basic expenses.