Cost of Living in Underwood, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
119.9
100 = national avg
+19.9 vs national average
Living Wage (1 Adult)
$52,744
per year
Living Wage (Family of 4)
$124,668
per year
Cost Index by Category
Housing107.5
Food119.2
Transportation138.4
Healthcare115.4
Utilities113.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,148
per month
2 Bedroom
$1,368
per month
The overall cost of living index in Underwood is 119.9, which is 19.9% above the national average. Housing costs are above the national average at an index of 107.5. A single adult needs to earn approximately $52,744 per year to cover basic expenses.