Cost of Living in Matlock, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.9
100 = national avg
-6.1 vs national average
Living Wage (1 Adult)
$41,328
per year
Living Wage (Family of 4)
$97,685
per year
Cost Index by Category
Housing53.5
Food112.5
Transportation125.0
Healthcare110.0
Utilities98.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$740
per month
2 Bedroom
$971
per month
The overall cost of living index in Matlock is 93.9, which is 6.1% below the national average. Housing costs are below the national average at an index of 53.5. A single adult needs to earn approximately $41,328 per year to cover basic expenses.