Cost of Living in Shell Rock, IA

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

Cost of Living Overview

Overall Index

99.0

100 = national avg

-1.0 vs national average

Living Wage (1 Adult)

$43,555

per year

Living Wage (Family of 4)

$102,949

per year

Cost Index by Category

Housing
87.8
Food
103.9
Transportation
107.9
Healthcare
103.1
Utilities
99.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$700

per month

2 Bedroom

$919

per month

The overall cost of living index in Shell Rock is 99.0, which is 1.0% below the national average. Housing costs are below the national average at an index of 87.8. A single adult needs to earn approximately $43,555 per year to cover basic expenses.