Cost of Living in Sloan, IA

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

Cost of Living Overview

Overall Index

104.3

100 = national avg

+4.3 vs national average

Living Wage (1 Adult)

$45,891

per year

Living Wage (Family of 4)

$108,471

per year

Cost Index by Category

Housing
96.3
Food
106.4
Transportation
112.7
Healthcare
105.1
Utilities
103.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$925

per month

2 Bedroom

$1,154

per month

The overall cost of living index in Sloan is 104.3, which is 4.3% above the national average. Housing costs are below the national average at an index of 96.3. A single adult needs to earn approximately $45,891 per year to cover basic expenses.