Cost of Living in Lu Verne, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
64.7
100 = national avg
-35.3 vs national average
Living Wage (1 Adult)
$28,457
per year
Living Wage (Family of 4)
$67,262
per year
Cost Index by Category
Housing20.6
Food93.3
Transportation86.6
Healthcare94.6
Utilities80.1
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 Lu Verne is 64.7, which is 35.3% below the national average. Housing costs are below the national average at an index of 20.6. A single adult needs to earn approximately $28,457 per year to cover basic expenses.