Cost of Living in Montezuma, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
94.5
100 = national avg
-5.5 vs national average
Living Wage (1 Adult)
$41,573
per year
Living Wage (Family of 4)
$98,264
per year
Cost Index by Category
Housing88.8
Food98.4
Transportation96.9
Healthcare98.8
Utilities96.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$853
per month
2 Bedroom
$988
per month
The overall cost of living index in Montezuma is 94.5, which is 5.5% below the national average. Housing costs are below the national average at an index of 88.8. A single adult needs to earn approximately $41,573 per year to cover basic expenses.