Cost of Living in Tama, IA

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

Cost of Living Overview

Overall Index

87.5

100 = national avg

-12.5 vs national average

Living Wage (1 Adult)

$38,517

per year

Living Wage (Family of 4)

$91,040

per year

Cost Index by Category

Housing
72.7
Food
97.3
Transportation
94.7
Healthcare
97.9
Utilities
92.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$717

per month

2 Bedroom

$941

per month

The overall cost of living index in Tama is 87.5, which is 12.5% below the national average. Housing costs are below the national average at an index of 72.7. A single adult needs to earn approximately $38,517 per year to cover basic expenses.