Cost of Living in Truro, IA

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

Cost of Living Overview

Overall Index

97.2

100 = national avg

-2.8 vs national average

Living Wage (1 Adult)

$42,751

per year

Living Wage (Family of 4)

$101,049

per year

Cost Index by Category

Housing
92.5
Food
99.9
Transportation
99.8
Healthcare
99.9
Utilities
98.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,109

per month

2 Bedroom

$1,318

per month

The overall cost of living index in Truro is 97.2, which is 2.8% below the national average. Housing costs are below the national average at an index of 92.5. A single adult needs to earn approximately $42,751 per year to cover basic expenses.