Cost of Living in Menlo, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
103.4
100 = national avg
+3.4 vs national average
Living Wage (1 Adult)
$45,475
per year
Living Wage (Family of 4)
$107,487
per year
Cost Index by Category
Housing92.6
Food109.9
Transportation101.7
Healthcare107.9
Utilities104.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,109
per month
2 Bedroom
$1,318
per month
The overall cost of living index in Menlo is 103.4, which is 3.4% above the national average. Housing costs are below the national average at an index of 92.6. A single adult needs to earn approximately $45,475 per year to cover basic expenses.