Cost of Living in Raymond, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
106.0
100 = national avg
+6.0 vs national average
Living Wage (1 Adult)
$46,641
per year
Living Wage (Family of 4)
$110,242
per year
Cost Index by Category
Housing121.0
Food98.0
Transportation96.0
Healthcare98.4
Utilities103.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$801
per month
2 Bedroom
$1,051
per month
The overall cost of living index in Raymond is 106.0, which is 6.0% above the national average. Housing costs are above the national average at an index of 121.0. A single adult needs to earn approximately $46,641 per year to cover basic expenses.