Cost of Living in Gilman, IA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

106.7

100 = national avg

+6.7 vs national average

Living Wage (1 Adult)

$46,945

per year

Living Wage (Family of 4)

$110,960

per year

Cost Index by Category

Housing
60.1
Food
124.1
Transportation
148.2
Healthcare
119.3
Utilities
106.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$731

per month

2 Bedroom

$959

per month

The overall cost of living index in Gilman is 106.7, which is 6.7% above the national average. Housing costs are below the national average at an index of 60.1. A single adult needs to earn approximately $46,945 per year to cover basic expenses.