Cost of Living in Minden, IA

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

Cost of Living Overview

Overall Index

113.5

100 = national avg

+13.5 vs national average

Living Wage (1 Adult)

$49,937

per year

Living Wage (Family of 4)

$118,032

per year

Cost Index by Category

Housing
83.5
Food
122.0
Transportation
144.1
Healthcare
117.6
Utilities
109.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,148

per month

2 Bedroom

$1,368

per month

The overall cost of living index in Minden is 113.5, which is 13.5% above the national average. Housing costs are below the national average at an index of 83.5. A single adult needs to earn approximately $49,937 per year to cover basic expenses.