Cost of Living in Colwell, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
73.2
100 = national avg
-26.8 vs national average
Living Wage (1 Adult)
$32,200
per year
Living Wage (Family of 4)
$76,108
per year
Cost Index by Category
Housing62.8
Food85.4
Transportation70.7
Healthcare88.3
Utilities83.8
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 Colwell is 73.2, which is 26.8% below the national average. Housing costs are below the national average at an index of 62.8. A single adult needs to earn approximately $32,200 per year to cover basic expenses.