Cost of Living in Ridgeway, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
83.5
100 = national avg
-16.5 vs national average
Living Wage (1 Adult)
$36,738
per year
Living Wage (Family of 4)
$86,835
per year
Cost Index by Category
Housing71.8
Food93.2
Transportation86.4
Healthcare94.5
Utilities90.3
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 Ridgeway is 83.5, which is 16.5% below the national average. Housing costs are below the national average at an index of 71.8. A single adult needs to earn approximately $36,738 per year to cover basic expenses.