Cost of Living in Wayland, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.9
100 = national avg
-9.1 vs national average
Living Wage (1 Adult)
$40,008
per year
Living Wage (Family of 4)
$94,565
per year
Cost Index by Category
Housing72.6
Food101.2
Transportation102.4
Healthcare101.0
Utilities95.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$716
per month
2 Bedroom
$939
per month
The overall cost of living index in Wayland is 90.9, which is 9.1% below the national average. Housing costs are below the national average at an index of 72.6. A single adult needs to earn approximately $40,008 per year to cover basic expenses.