Cost of Living in Clare, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
97.2
100 = national avg
-2.8 vs national average
Living Wage (1 Adult)
$42,750
per year
Living Wage (Family of 4)
$101,045
per year
Cost Index by Category
Housing58.6
Food114.0
Transportation128.0
Healthcare111.2
Utilities100.1
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 Clare is 97.2, which is 2.8% below the national average. Housing costs are below the national average at an index of 58.6. A single adult needs to earn approximately $42,750 per year to cover basic expenses.