Cost of Living in Westwood, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
157.5
100 = national avg
+57.5 vs national average
Living Wage (1 Adult)
$69,290
per year
Living Wage (Family of 4)
$163,776
per year
Cost Index by Category
Housing160.4
Food139.5
Transportation179.0
Healthcare131.6
Utilities135.8
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 Westwood is 157.5, which is 57.5% above the national average. Housing costs are above the national average at an index of 160.4. A single adult needs to earn approximately $69,290 per year to cover basic expenses.