Cost of Living in Springville, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
123.5
100 = national avg
+23.5 vs national average
Living Wage (1 Adult)
$54,357
per year
Living Wage (Family of 4)
$128,480
per year
Cost Index by Category
Housing106.9
Food123.6
Transportation147.1
Healthcare118.9
Utilities115.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$816
per month
2 Bedroom
$1,071
per month
The overall cost of living index in Springville is 123.5, which is 23.5% above the national average. Housing costs are above the national average at an index of 106.9. A single adult needs to earn approximately $54,357 per year to cover basic expenses.