Cost of Living in Guernsey, IA

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

Cost of Living Overview

Overall Index

91.3

100 = national avg

-8.7 vs national average

Living Wage (1 Adult)

$40,162

per year

Living Wage (Family of 4)

$94,928

per year

Cost Index by Category

Housing
71.8
Food
101.9
Transportation
103.8
Healthcare
101.5
Utilities
95.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$853

per month

2 Bedroom

$988

per month

The overall cost of living index in Guernsey is 91.3, which is 8.7% below the national average. Housing costs are below the national average at an index of 71.8. A single adult needs to earn approximately $40,162 per year to cover basic expenses.