Cost of Living in Lenox, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.2
100 = national avg
-13.8 vs national average
Living Wage (1 Adult)
$37,906
per year
Living Wage (Family of 4)
$89,596
per year
Cost Index by Category
Housing73.0
Food95.7
Transportation91.3
Healthcare96.5
Utilities92.0
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 Lenox is 86.2, which is 13.8% below the national average. Housing costs are below the national average at an index of 73.0. A single adult needs to earn approximately $37,906 per year to cover basic expenses.