Cost of Living in Indianola, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
115.5
100 = national avg
+15.5 vs national average
Living Wage (1 Adult)
$50,816
per year
Living Wage (Family of 4)
$120,110
per year
Cost Index by Category
Housing118.5
Food109.7
Transportation119.4
Healthcare107.8
Utilities109.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,109
per month
2 Bedroom
$1,318
per month
The overall cost of living index in Indianola is 115.5, which is 15.5% above the national average. Housing costs are above the national average at an index of 118.5. A single adult needs to earn approximately $50,816 per year to cover basic expenses.