Cost of Living in Gibson, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.0
100 = national avg
-18.0 vs national average
Living Wage (1 Adult)
$36,072
per year
Living Wage (Family of 4)
$85,262
per year
Cost Index by Category
Housing73.3
Food88.6
Transportation90.6
Healthcare90.9
Utilities87.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$764
per month
2 Bedroom
$919
per month
The overall cost of living index in Gibson is 82.0, which is 18.0% below the national average. Housing costs are below the national average at an index of 73.3. A single adult needs to earn approximately $36,072 per year to cover basic expenses.