Cost of Living in Royal, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.8
100 = national avg
-17.2 vs national average
Living Wage (1 Adult)
$36,452
per year
Living Wage (Family of 4)
$86,159
per year
Cost Index by Category
Housing68.3
Food93.9
Transportation87.8
Healthcare95.1
Utilities90.0
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 Royal is 82.8, which is 17.2% below the national average. Housing costs are below the national average at an index of 68.3. A single adult needs to earn approximately $36,452 per year to cover basic expenses.