Cost of Living in Inwood, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
102.8
100 = national avg
+2.8 vs national average
Living Wage (1 Adult)
$45,227
per year
Living Wage (Family of 4)
$106,900
per year
Cost Index by Category
Housing114.4
Food97.2
Transportation94.3
Healthcare97.7
Utilities101.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$700
per month
2 Bedroom
$919
per month
The overall cost of living index in Inwood is 102.8, which is 2.8% above the national average. Housing costs are above the national average at an index of 114.4. A single adult needs to earn approximately $45,227 per year to cover basic expenses.