Cost of Living in Paton, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.7
100 = national avg
-21.3 vs national average
Living Wage (1 Adult)
$34,649
per year
Living Wage (Family of 4)
$81,899
per year
Cost Index by Category
Housing48.3
Food97.6
Transportation95.2
Healthcare98.1
Utilities88.2
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 Paton is 78.7, which is 21.3% below the national average. Housing costs are below the national average at an index of 48.3. A single adult needs to earn approximately $34,649 per year to cover basic expenses.