Cost of Living in Masonville, IA

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

Cost of Living Overview

Overall Index

71.3

100 = national avg

-28.7 vs national average

Living Wage (1 Adult)

$31,355

per year

Living Wage (Family of 4)

$74,112

per year

Cost Index by Category

Housing
57.6
Food
85.4
Transportation
70.7
Healthcare
88.3
Utilities
82.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$838

per month

2 Bedroom

$919

per month

The overall cost of living index in Masonville is 71.3, which is 28.7% below the national average. Housing costs are below the national average at an index of 57.6. A single adult needs to earn approximately $31,355 per year to cover basic expenses.