Cost of Living in Luzerne, IA

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

Cost of Living Overview

Overall Index

96.4

100 = national avg

-3.6 vs national average

Living Wage (1 Adult)

$42,403

per year

Living Wage (Family of 4)

$100,225

per year

Cost Index by Category

Housing
35.8
Food
122.6
Transportation
145.2
Healthcare
118.1
Utilities
100.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$729

per month

2 Bedroom

$956

per month

The overall cost of living index in Luzerne is 96.4, which is 3.6% below the national average. Housing costs are below the national average at an index of 35.8. A single adult needs to earn approximately $42,403 per year to cover basic expenses.