Cost of Living in Goldfield, IA

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

Cost of Living Overview

Overall Index

76.0

100 = national avg

-24.0 vs national average

Living Wage (1 Adult)

$33,440

per year

Living Wage (Family of 4)

$79,041

per year

Cost Index by Category

Housing
55.2
Food
91.7
Transportation
83.3
Healthcare
93.3
Utilities
86.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$700

per month

2 Bedroom

$919

per month

The overall cost of living index in Goldfield is 76.0, which is 24.0% below the national average. Housing costs are below the national average at an index of 55.2. A single adult needs to earn approximately $33,440 per year to cover basic expenses.