Cost of Living in Charter Oak, IA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

81.4

100 = national avg

-18.6 vs national average

Living Wage (1 Adult)

$35,798

per year

Living Wage (Family of 4)

$84,614

per year

Cost Index by Category

Housing
63.1
Food
94.4
Transportation
88.8
Healthcare
95.5
Utilities
89.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$788

per month

2 Bedroom

$919

per month

The overall cost of living index in Charter Oak is 81.4, which is 18.6% below the national average. Housing costs are below the national average at an index of 63.1. A single adult needs to earn approximately $35,798 per year to cover basic expenses.