Cost of Living in Mechanicsville, IA

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

Cost of Living Overview

Overall Index

95.7

100 = national avg

-4.3 vs national average

Living Wage (1 Adult)

$42,102

per year

Living Wage (Family of 4)

$99,514

per year

Cost Index by Category

Housing
71.2
Food
108.2
Transportation
109.8
Healthcare
106.6
Utilities
99.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$736

per month

2 Bedroom

$966

per month

The overall cost of living index in Mechanicsville is 95.7, which is 4.3% below the national average. Housing costs are below the national average at an index of 71.2. A single adult needs to earn approximately $42,102 per year to cover basic expenses.