Cost of Living in Oelwein, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.1
100 = national avg
-20.9 vs national average
Living Wage (1 Adult)
$34,792
per year
Living Wage (Family of 4)
$82,236
per year
Cost Index by Category
Housing72.1
Food88.1
Transportation76.2
Healthcare90.5
Utilities87.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$723
per month
2 Bedroom
$919
per month
The overall cost of living index in Oelwein is 79.1, which is 20.9% below the national average. Housing costs are below the national average at an index of 72.1. A single adult needs to earn approximately $34,792 per year to cover basic expenses.