Cost of Living in Mason City, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.2
100 = national avg
-9.8 vs national average
Living Wage (1 Adult)
$39,673
per year
Living Wage (Family of 4)
$93,772
per year
Cost Index by Category
Housing88.0
Food97.7
Transportation73.3
Healthcare98.1
Utilities96.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$750
per month
2 Bedroom
$949
per month
The overall cost of living index in Mason City is 90.2, which is 9.8% below the national average. Housing costs are below the national average at an index of 88.0. A single adult needs to earn approximately $39,673 per year to cover basic expenses.