Cost of Living in Latimer, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
99.7
100 = national avg
-0.3 vs national average
Living Wage (1 Adult)
$43,858
per year
Living Wage (Family of 4)
$103,665
per year
Cost Index by Category
Housing88.4
Food104.5
Transportation108.9
Healthcare103.6
Utilities100.4
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 Latimer is 99.7, which is 0.3% below the national average. Housing costs are below the national average at an index of 88.4. A single adult needs to earn approximately $43,858 per year to cover basic expenses.