Cost of Living in University Park, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.8
100 = national avg
-11.2 vs national average
Living Wage (1 Adult)
$39,064
per year
Living Wage (Family of 4)
$92,334
per year
Cost Index by Category
Housing69.0
Food100.3
Transportation100.6
Healthcare100.2
Utilities94.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$722
per month
2 Bedroom
$947
per month
The overall cost of living index in University Park is 88.8, which is 11.2% below the national average. Housing costs are below the national average at an index of 69.0. A single adult needs to earn approximately $39,064 per year to cover basic expenses.