Cost of Living in Garwin, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.2
100 = national avg
-20.8 vs national average
Living Wage (1 Adult)
$34,850
per year
Living Wage (Family of 4)
$82,372
per year
Cost Index by Category
Housing61.1
Food93.2
Transportation84.0
Healthcare94.6
Utilities88.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$717
per month
2 Bedroom
$941
per month
The overall cost of living index in Garwin is 79.2, which is 20.8% below the national average. Housing costs are below the national average at an index of 61.1. A single adult needs to earn approximately $34,850 per year to cover basic expenses.