Cost of Living in Packwood, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
73.0
100 = national avg
-27.0 vs national average
Living Wage (1 Adult)
$32,103
per year
Living Wage (Family of 4)
$75,880
per year
Cost Index by Category
Housing66.8
Food83.4
Transportation66.9
Healthcare86.8
Utilities83.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$826
per month
2 Bedroom
$1,084
per month
The overall cost of living index in Packwood is 73.0, which is 27.0% below the national average. Housing costs are below the national average at an index of 66.8. A single adult needs to earn approximately $32,103 per year to cover basic expenses.