Cost of Living in Cresco, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.9
100 = national avg
-11.1 vs national average
Living Wage (1 Adult)
$39,119
per year
Living Wage (Family of 4)
$92,462
per year
Cost Index by Category
Housing78.6
Food96.4
Transportation92.9
Healthcare97.2
Utilities93.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$838
per month
2 Bedroom
$919
per month
The overall cost of living index in Cresco is 88.9, which is 11.1% below the national average. Housing costs are below the national average at an index of 78.6. A single adult needs to earn approximately $39,119 per year to cover basic expenses.