Cost of Living in Charles City, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.5
100 = national avg
-17.5 vs national average
Living Wage (1 Adult)
$36,304
per year
Living Wage (Family of 4)
$85,809
per year
Cost Index by Category
Housing68.7
Food93.4
Transportation86.7
Healthcare94.7
Utilities89.8
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 Charles City is 82.5, which is 17.5% below the national average. Housing costs are below the national average at an index of 68.7. A single adult needs to earn approximately $36,304 per year to cover basic expenses.