Cost of Living in Twin Lakes, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
208.1
100 = national avg
+108.1 vs national average
Living Wage (1 Adult)
$91,560
per year
Living Wage (Family of 4)
$216,414
per year
Cost Index by Category
Housing306.7
Food142.3
Transportation144.6
Healthcare133.8
Utilities166.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$736
per month
2 Bedroom
$919
per month
The overall cost of living index in Twin Lakes is 208.1, which is 108.1% above the national average. Housing costs are above the national average at an index of 306.7. A single adult needs to earn approximately $91,560 per year to cover basic expenses.