Cost of Living in Clarence, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.6
100 = national avg
-9.4 vs national average
Living Wage (1 Adult)
$39,849
per year
Living Wage (Family of 4)
$94,189
per year
Cost Index by Category
Housing90.2
Food93.5
Transportation86.9
Healthcare94.8
Utilities94.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$736
per month
2 Bedroom
$966
per month
The overall cost of living index in Clarence is 90.6, which is 9.4% below the national average. Housing costs are below the national average at an index of 90.2. A single adult needs to earn approximately $39,849 per year to cover basic expenses.