Cost of Living in Farmersburg, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.4
100 = national avg
-25.6 vs national average
Living Wage (1 Adult)
$32,747
per year
Living Wage (Family of 4)
$77,403
per year
Cost Index by Category
Housing61.9
Food87.1
Transportation74.2
Healthcare89.7
Utilities84.6
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 Farmersburg is 74.4, which is 25.6% below the national average. Housing costs are below the national average at an index of 61.9. A single adult needs to earn approximately $32,747 per year to cover basic expenses.