Cost of Living in Polk City, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
183.0
100 = national avg
+83.0 vs national average
Living Wage (1 Adult)
$80,510
per year
Living Wage (Family of 4)
$190,296
per year
Cost Index by Category
Housing144.9
Food174.6
Transportation249.2
Healthcare159.7
Utilities153.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,109
per month
2 Bedroom
$1,318
per month
The overall cost of living index in Polk City is 183.0, which is 83.0% above the national average. Housing costs are above the national average at an index of 144.9. A single adult needs to earn approximately $80,510 per year to cover basic expenses.