Cost of Living in Van Wert, IA

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

Cost of Living Overview

Overall Index

80.3

100 = national avg

-19.7 vs national average

Living Wage (1 Adult)

$35,313

per year

Living Wage (Family of 4)

$83,467

per year

Cost Index by Category

Housing
58.9
Food
94.9
Transportation
89.8
Healthcare
95.9
Utilities
88.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$700

per month

2 Bedroom

$919

per month

The overall cost of living index in Van Wert is 80.3, which is 19.7% below the national average. Housing costs are below the national average at an index of 58.9. A single adult needs to earn approximately $35,313 per year to cover basic expenses.