Cost of Living in Edgewood, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.3
100 = national avg
-4.7 vs national average
Living Wage (1 Adult)
$41,924
per year
Living Wage (Family of 4)
$99,093
per year
Cost Index by Category
Housing103.0
Food93.5
Transportation86.9
Healthcare94.8
Utilities96.7
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 Edgewood is 95.3, which is 4.7% below the national average. Housing costs are above the national average at an index of 103.0. A single adult needs to earn approximately $41,924 per year to cover basic expenses.