Cost of Living in Iowa Park, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.3
100 = national avg
-3.7 vs national average
Living Wage (1 Adult)
$42,391
per year
Living Wage (Family of 4)
$100,197
per year
Cost Index by Category
Housing92.1
Food99.2
Transportation98.4
Healthcare99.3
Utilities97.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$925
per month
2 Bedroom
$1,136
per month
The overall cost of living index in Iowa Park is 96.3, which is 3.7% below the national average. Housing costs are below the national average at an index of 92.1. A single adult needs to earn approximately $42,391 per year to cover basic expenses.