Cost of Living in Farley, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
125.7
100 = national avg
+25.7 vs national average
Living Wage (1 Adult)
$55,302
per year
Living Wage (Family of 4)
$130,713
per year
Cost Index by Category
Housing112.2
Food123.8
Transportation147.6
Healthcare119.0
Utilities116.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$841
per month
2 Bedroom
$1,077
per month
The overall cost of living index in Farley is 125.7, which is 25.7% above the national average. Housing costs are above the national average at an index of 112.2. A single adult needs to earn approximately $55,302 per year to cover basic expenses.