Cost of Living in Milo, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
103.2
100 = national avg
+3.2 vs national average
Living Wage (1 Adult)
$45,425
per year
Living Wage (Family of 4)
$107,369
per year
Cost Index by Category
Housing88.8
Food108.3
Transportation116.6
Healthcare106.6
Utilities102.7
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 Milo is 103.2, which is 3.2% above the national average. Housing costs are below the national average at an index of 88.8. A single adult needs to earn approximately $45,425 per year to cover basic expenses.