Cost of Living in Farnhamville, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.1
100 = national avg
-20.9 vs national average
Living Wage (1 Adult)
$34,804
per year
Living Wage (Family of 4)
$82,264
per year
Cost Index by Category
Housing62.7
Food92.0
Transportation84.1
Healthcare93.6
Utilities87.8
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 Farnhamville is 79.1, which is 20.9% below the national average. Housing costs are below the national average at an index of 62.7. A single adult needs to earn approximately $34,804 per year to cover basic expenses.