Cost of Living in Marengo, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.2
100 = national avg
-14.8 vs national average
Living Wage (1 Adult)
$37,495
per year
Living Wage (Family of 4)
$88,624
per year
Cost Index by Category
Housing73.4
Food94.4
Transportation88.9
Healthcare95.5
Utilities91.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$709
per month
2 Bedroom
$919
per month
The overall cost of living index in Marengo is 85.2, which is 14.8% below the national average. Housing costs are below the national average at an index of 73.4. A single adult needs to earn approximately $37,495 per year to cover basic expenses.