Cost of Living in Ollie, IA

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

Cost of Living Overview

Overall Index

74.7

100 = national avg

-25.3 vs national average

Living Wage (1 Adult)

$32,871

per year

Living Wage (Family of 4)

$77,695

per year

Cost Index by Category

Housing
47.3
Food
93.5
Transportation
86.9
Healthcare
94.8
Utilities
85.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$764

per month

2 Bedroom

$919

per month

The overall cost of living index in Ollie is 74.7, which is 25.3% below the national average. Housing costs are below the national average at an index of 47.3. A single adult needs to earn approximately $32,871 per year to cover basic expenses.