Cost of Living in New Liberty, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
120.8
100 = national avg
+20.8 vs national average
Living Wage (1 Adult)
$53,150
per year
Living Wage (Family of 4)
$125,628
per year
Cost Index by Category
Housing114.9
Food117.2
Transportation134.3
Healthcare113.7
Utilities113.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$928
per month
2 Bedroom
$1,143
per month
The overall cost of living index in New Liberty is 120.8, which is 20.8% above the national average. Housing costs are above the national average at an index of 114.9. A single adult needs to earn approximately $53,150 per year to cover basic expenses.