Cost of Living in Urbana, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
134.0
100 = national avg
+34.0 vs national average
Living Wage (1 Adult)
$58,942
per year
Living Wage (Family of 4)
$139,318
per year
Cost Index by Category
Housing104.9
Food136.1
Transportation172.2
Healthcare128.9
Utilities122.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$729
per month
2 Bedroom
$956
per month
The overall cost of living index in Urbana is 134.0, which is 34.0% above the national average. Housing costs are above the national average at an index of 104.9. A single adult needs to earn approximately $58,942 per year to cover basic expenses.