Cost of Living in Ringsted, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.3
100 = national avg
-18.7 vs national average
Living Wage (1 Adult)
$35,752
per year
Living Wage (Family of 4)
$84,504
per year
Cost Index by Category
Housing53.3
Food98.3
Transportation96.7
Healthcare98.7
Utilities89.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$771
per month
2 Bedroom
$919
per month
The overall cost of living index in Ringsted is 81.3, which is 18.7% below the national average. Housing costs are below the national average at an index of 53.3. A single adult needs to earn approximately $35,752 per year to cover basic expenses.