Cost of Living in Central City, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
106.1
100 = national avg
+6.1 vs national average
Living Wage (1 Adult)
$46,685
per year
Living Wage (Family of 4)
$110,347
per year
Cost Index by Category
Housing86.7
Food112.4
Transportation124.7
Healthcare109.9
Utilities104.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$816
per month
2 Bedroom
$1,071
per month
The overall cost of living index in Central City is 106.1, which is 6.1% above the national average. Housing costs are below the national average at an index of 86.7. A single adult needs to earn approximately $46,685 per year to cover basic expenses.