Cost of Living in Thayer, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.1
100 = national avg
-14.9 vs national average
Living Wage (1 Adult)
$37,435
per year
Living Wage (Family of 4)
$88,483
per year
Cost Index by Category
Housing20.0
Food90.1
Transportation236.7
Healthcare92.1
Utilities78.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$700
per month
2 Bedroom
$919
per month
The overall cost of living index in Thayer is 85.1, which is 14.9% below the national average. Housing costs are below the national average at an index of 20.0. A single adult needs to earn approximately $37,435 per year to cover basic expenses.