Cost of Living in Correctionville, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.8
100 = national avg
-21.2 vs national average
Living Wage (1 Adult)
$34,652
per year
Living Wage (Family of 4)
$81,904
per year
Cost Index by Category
Housing68.9
Food89.1
Transportation78.2
Healthcare91.3
Utilities87.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$925
per month
2 Bedroom
$1,154
per month
The overall cost of living index in Correctionville is 78.8, which is 21.2% below the national average. Housing costs are below the national average at an index of 68.9. A single adult needs to earn approximately $34,652 per year to cover basic expenses.