Cost of Living in Iowa, LA

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

Cost of Living Overview

Overall Index

109.3

100 = national avg

+9.3 vs national average

Living Wage (1 Adult)

$48,091

per year

Living Wage (Family of 4)

$113,670

per year

Cost Index by Category

Housing
111.4
Food
105.7
Transportation
111.4
Healthcare
104.6
Utilities
105.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$928

per month

2 Bedroom

$1,217

per month

The overall cost of living index in Iowa is 109.3, which is 9.3% above the national average. Housing costs are above the national average at an index of 111.4. A single adult needs to earn approximately $48,091 per year to cover basic expenses.