Cost of Living in Fort Madison, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.9
100 = national avg
-20.1 vs national average
Living Wage (1 Adult)
$35,147
per year
Living Wage (Family of 4)
$83,075
per year
Cost Index by Category
Housing75.1
Food87.7
Transportation75.5
Healthcare90.2
Utilities87.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$733
per month
2 Bedroom
$962
per month
The overall cost of living index in Fort Madison is 79.9, which is 20.1% below the national average. Housing costs are below the national average at an index of 75.1. A single adult needs to earn approximately $35,147 per year to cover basic expenses.