Cost of Living in Cromwell, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.8
100 = national avg
-20.2 vs national average
Living Wage (1 Adult)
$35,115
per year
Living Wage (Family of 4)
$83,000
per year
Cost Index by Category
Housing62.1
Food93.9
Transportation82.7
Healthcare95.2
Utilities88.8
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 Cromwell is 79.8, which is 20.2% below the national average. Housing costs are below the national average at an index of 62.1. A single adult needs to earn approximately $35,115 per year to cover basic expenses.