Cost of Living in Forest City, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
91.1
100 = national avg
-8.9 vs national average
Living Wage (1 Adult)
$40,064
per year
Living Wage (Family of 4)
$94,698
per year
Cost Index by Category
Housing80.4
Food98.1
Transportation96.2
Healthcare98.5
Utilities94.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$745
per month
2 Bedroom
$919
per month
The overall cost of living index in Forest City is 91.1, which is 8.9% below the national average. Housing costs are below the national average at an index of 80.4. A single adult needs to earn approximately $40,064 per year to cover basic expenses.