Cost of Living in Iola, KS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.5
100 = national avg
-23.5 vs national average
Living Wage (1 Adult)
$33,641
per year
Living Wage (Family of 4)
$79,514
per year
Cost Index by Category
Housing63.9
Food88.5
Transportation77.1
Healthcare90.8
Utilities85.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$727
per month
2 Bedroom
$877
per month
The overall cost of living index in Iola is 76.5, which is 23.5% below the national average. Housing costs are below the national average at an index of 63.9. A single adult needs to earn approximately $33,641 per year to cover basic expenses.