Cost of Living in Dakota City, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.8
100 = national avg
-4.2 vs national average
Living Wage (1 Adult)
$42,174
per year
Living Wage (Family of 4)
$99,683
per year
Cost Index by Category
Housing87.5
Food100.5
Transportation101.1
Healthcare100.4
Utilities97.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$798
per month
2 Bedroom
$919
per month
The overall cost of living index in Dakota City is 95.8, which is 4.2% below the national average. Housing costs are below the national average at an index of 87.5. A single adult needs to earn approximately $42,174 per year to cover basic expenses.