Cost of Living in Bloomfield, IA

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

Cost of Living Overview

Overall Index

94.2

100 = national avg

-5.8 vs national average

Living Wage (1 Adult)

$41,465

per year

Living Wage (Family of 4)

$98,009

per year

Cost Index by Category

Housing
91.3
Food
97.1
Transportation
94.3
Healthcare
97.7
Utilities
96.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$795

per month

2 Bedroom

$1,043

per month

The overall cost of living index in Bloomfield is 94.2, which is 5.8% below the national average. Housing costs are below the national average at an index of 91.3. A single adult needs to earn approximately $41,465 per year to cover basic expenses.