Cost of Living in Sheldon, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.7
100 = national avg
-3.3 vs national average
Living Wage (1 Adult)
$42,562
per year
Living Wage (Family of 4)
$100,602
per year
Cost Index by Category
Housing93.7
Food102.3
Transportation84.6
Healthcare101.9
Utilities100.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$740
per month
2 Bedroom
$971
per month
The overall cost of living index in Sheldon is 96.7, which is 3.3% below the national average. Housing costs are below the national average at an index of 93.7. A single adult needs to earn approximately $42,562 per year to cover basic expenses.