Cost of Living in Hospers, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.4
100 = national avg
-6.6 vs national average
Living Wage (1 Adult)
$41,084
per year
Living Wage (Family of 4)
$97,108
per year
Cost Index by Category
Housing80.1
Food106.4
Transportation79.7
Healthcare105.1
Utilities99.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$740
per month
2 Bedroom
$971
per month
The overall cost of living index in Hospers is 93.4, which is 6.6% below the national average. Housing costs are below the national average at an index of 80.1. A single adult needs to earn approximately $41,084 per year to cover basic expenses.