Cost of Living in Ossian, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
89.1
100 = national avg
-10.9 vs national average
Living Wage (1 Adult)
$39,211
per year
Living Wage (Family of 4)
$92,680
per year
Cost Index by Category
Housing82.5
Food95.0
Transportation90.1
Healthcare96.0
Utilities93.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$700
per month
2 Bedroom
$919
per month
The overall cost of living index in Ossian is 89.1, which is 10.9% below the national average. Housing costs are below the national average at an index of 82.5. A single adult needs to earn approximately $39,211 per year to cover basic expenses.