Cost of Living in Carter Lake, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.7
100 = national avg
+10.7 vs national average
Living Wage (1 Adult)
$48,686
per year
Living Wage (Family of 4)
$115,076
per year
Cost Index by Category
Housing111.1
Food107.4
Transportation114.7
Healthcare105.9
Utilities106.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,148
per month
2 Bedroom
$1,368
per month
The overall cost of living index in Carter Lake is 110.7, which is 10.7% above the national average. Housing costs are above the national average at an index of 111.1. A single adult needs to earn approximately $48,686 per year to cover basic expenses.