Cost of Living in Letts, IA

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

Cost of Living Overview

Overall Index

101.0

100 = national avg

+1.0 vs national average

Living Wage (1 Adult)

$44,433

per year

Living Wage (Family of 4)

$105,024

per year

Cost Index by Category

Housing
83.9
Food
107.8
Transportation
115.6
Healthcare
106.2
Utilities
101.5

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 Letts is 101.0, which is 1.0% above the national average. Housing costs are below the national average at an index of 83.9. A single adult needs to earn approximately $44,433 per year to cover basic expenses.