Cost of Living in Carbon, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
42.0
100 = national avg
-58.0 vs national average
Living Wage (1 Adult)
$18,485
per year
Living Wage (Family of 4)
$43,693
per year
Cost Index by Category
Housing26.9
Transportation53.2
Utilities78.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$711
per month
2 Bedroom
$933
per month
The overall cost of living index in Carbon is 42.0, which is 58.0% below the national average. Housing costs are below the national average at an index of 26.9. A single adult needs to earn approximately $18,485 per year to cover basic expenses.