Cost of Living in Belmond, IA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

87.8

100 = national avg

-12.2 vs national average

Living Wage (1 Adult)

$38,642

per year

Living Wage (Family of 4)

$91,336

per year

Cost Index by Category

Housing
79.3
Food
94.9
Transportation
89.8
Healthcare
95.9
Utilities
92.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$700

per month

2 Bedroom

$919

per month

The overall cost of living index in Belmond is 87.8, which is 12.2% below the national average. Housing costs are below the national average at an index of 79.3. A single adult needs to earn approximately $38,642 per year to cover basic expenses.