Cost of Living in Monona, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
101.2
100 = national avg
+1.2 vs national average
Living Wage (1 Adult)
$44,518
per year
Living Wage (Family of 4)
$105,225
per year
Cost Index by Category
Housing93.8
Food103.9
Transportation107.8
Healthcare103.1
Utilities101.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$700
per month
2 Bedroom
$919
per month
The overall cost of living index in Monona is 101.2, which is 1.2% above the national average. Housing costs are below the national average at an index of 93.8. A single adult needs to earn approximately $44,518 per year to cover basic expenses.