Cost of Living in Calumet, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
71.0
100 = national avg
-29.0 vs national average
Living Wage (1 Adult)
$31,235
per year
Living Wage (Family of 4)
$73,828
per year
Cost Index by Category
Housing44.2
Food90.6
Transportation81.2
Healthcare92.5
Utilities83.2
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 Calumet is 71.0, which is 29.0% below the national average. Housing costs are below the national average at an index of 44.2. A single adult needs to earn approximately $31,235 per year to cover basic expenses.