Cost of Living in New Hartford, IA

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

Cost of Living Overview

Overall Index

95.5

100 = national avg

-4.5 vs national average

Living Wage (1 Adult)

$42,004

per year

Living Wage (Family of 4)

$99,282

per year

Cost Index by Category

Housing
84.7
Food
101.3
Transportation
102.5
Healthcare
101.0
Utilities
97.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$700

per month

2 Bedroom

$919

per month

The overall cost of living index in New Hartford is 95.5, which is 4.5% below the national average. Housing costs are below the national average at an index of 84.7. A single adult needs to earn approximately $42,004 per year to cover basic expenses.