Cost of Living in Hamilton, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.4
100 = national avg
-20.6 vs national average
Living Wage (1 Adult)
$34,941
per year
Living Wage (Family of 4)
$82,587
per year
Cost Index by Category
Housing35.9
Food103.5
Transportation107.0
Healthcare102.8
Utilities89.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$808
per month
2 Bedroom
$1,016
per month
The overall cost of living index in Hamilton is 79.4, which is 20.6% below the national average. Housing costs are below the national average at an index of 35.9. A single adult needs to earn approximately $34,941 per year to cover basic expenses.