Cost of Living in Rock Valley, IA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

109.0

100 = national avg

+9.0 vs national average

Living Wage (1 Adult)

$47,979

per year

Living Wage (Family of 4)

$113,404

per year

Cost Index by Category

Housing
121.5
Food
101.2
Transportation
102.4
Healthcare
101.0
Utilities
105.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$740

per month

2 Bedroom

$971

per month

The overall cost of living index in Rock Valley is 109.0, which is 9.0% above the national average. Housing costs are above the national average at an index of 121.5. A single adult needs to earn approximately $47,979 per year to cover basic expenses.