Cost of Living in Fredonia, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
72.8
100 = national avg
-27.2 vs national average
Living Wage (1 Adult)
$32,043
per year
Living Wage (Family of 4)
$75,738
per year
Cost Index by Category
Housing49.3
Food89.2
Transportation86.5
Healthcare91.3
Utilities83.4
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 Fredonia is 72.8, which is 27.2% below the national average. Housing costs are below the national average at an index of 49.3. A single adult needs to earn approximately $32,043 per year to cover basic expenses.