Cost of Living in Jefferson, IA

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

Cost of Living Overview

Overall Index

84.8

100 = national avg

-15.2 vs national average

Living Wage (1 Adult)

$37,307

per year

Living Wage (Family of 4)

$88,179

per year

Cost Index by Category

Housing
79.4
Food
91.5
Transportation
83.0
Healthcare
93.2
Utilities
90.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$700

per month

2 Bedroom

$919

per month

The overall cost of living index in Jefferson is 84.8, which is 15.2% below the national average. Housing costs are below the national average at an index of 79.4. A single adult needs to earn approximately $37,307 per year to cover basic expenses.