Cost of Living in Beacon, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
83.9
100 = national avg
-16.1 vs national average
Living Wage (1 Adult)
$36,915
per year
Living Wage (Family of 4)
$87,253
per year
Cost Index by Category
Housing63.9
Food92.8
Transportation109.9
Healthcare94.2
Utilities88.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$722
per month
2 Bedroom
$947
per month
The overall cost of living index in Beacon is 83.9, which is 16.1% below the national average. Housing costs are below the national average at an index of 63.9. A single adult needs to earn approximately $36,915 per year to cover basic expenses.