Cost of Living in Bedford, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.3
100 = national avg
-18.7 vs national average
Living Wage (1 Adult)
$35,770
per year
Living Wage (Family of 4)
$84,547
per year
Cost Index by Category
Housing63.0
Food93.6
Transportation91.9
Healthcare94.9
Utilities88.7
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 Bedford is 81.3, which is 18.7% below the national average. Housing costs are below the national average at an index of 63.0. A single adult needs to earn approximately $35,770 per year to cover basic expenses.