Cost of Living in Volga, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.1
100 = national avg
-15.9 vs national average
Living Wage (1 Adult)
$36,995
per year
Living Wage (Family of 4)
$87,443
per year
Cost Index by Category
Housing70.9
Food94.9
Transportation85.7
Healthcare95.9
Utilities91.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$700
per month
2 Bedroom
$919
per month
The overall cost of living index in Volga is 84.1, which is 15.9% below the national average. Housing costs are below the national average at an index of 70.9. A single adult needs to earn approximately $36,995 per year to cover basic expenses.