Cost of Living in Gravity, IA

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

Cost of Living Overview

Overall Index

76.1

100 = national avg

-23.9 vs national average

Living Wage (1 Adult)

$33,496

per year

Living Wage (Family of 4)

$79,171

per year

Cost Index by Category

Housing
61.9
Food
89.0
Transportation
78.1
Healthcare
91.2
Utilities
85.8

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 Gravity is 76.1, which is 23.9% below the national average. Housing costs are below the national average at an index of 61.9. A single adult needs to earn approximately $33,496 per year to cover basic expenses.