Cost of Living in Collins, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
99.0
100 = national avg
-1.0 vs national average
Living Wage (1 Adult)
$43,546
per year
Living Wage (Family of 4)
$102,927
per year
Cost Index by Category
Housing86.7
Food101.4
Transportation120.3
Healthcare101.1
Utilities98.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,026
per month
2 Bedroom
$1,153
per month
The overall cost of living index in Collins is 99.0, which is 1.0% below the national average. Housing costs are below the national average at an index of 86.7. A single adult needs to earn approximately $43,546 per year to cover basic expenses.