Cost of Living in Morley, IA

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

Cost of Living Overview

Overall Index

71.5

100 = national avg

-28.5 vs national average

Living Wage (1 Adult)

$31,440

per year

Living Wage (Family of 4)

$74,313

per year

Cost Index by Category

Housing
41.7
Food
87.3
Transportation
103.6
Healthcare
89.8
Utilities
80.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$711

per month

2 Bedroom

$919

per month

The overall cost of living index in Morley is 71.5, which is 28.5% below the national average. Housing costs are below the national average at an index of 41.7. A single adult needs to earn approximately $31,440 per year to cover basic expenses.