Cost of Living in Drakesville, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.5
100 = national avg
-4.5 vs national average
Living Wage (1 Adult)
$42,038
per year
Living Wage (Family of 4)
$99,364
per year
Cost Index by Category
Housing68.0
Food108.3
Transportation116.6
Healthcare106.6
Utilities98.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$795
per month
2 Bedroom
$1,043
per month
The overall cost of living index in Drakesville is 95.5, which is 4.5% below the national average. Housing costs are below the national average at an index of 68.0. A single adult needs to earn approximately $42,038 per year to cover basic expenses.