Cost of Living in Storm Lake, IA
Overall index: 70 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 47 | -53% | $581 |
| Transportation | 100 | +0% | $3.50 |
| Food | 78 | -22% | $320 |
| Utilities | 74 | -26% | $85 |
| Healthcare | 74 | -26% | $61 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Storm Lake?
A single adult living comfortably in Storm Lake, IA needs approximately $24,500 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Storm Lake, IA?
The overall cost of living in Storm Lake, IA is 30% lower than the US national average (index: 70 where 100 = national average).
How much is rent in Storm Lake, IA?
Average rent for a 1-bedroom apartment in Storm Lake, IA is about $581/month.
Is Storm Lake, IA expensive to live in?
No, Storm Lake, IA is affordable (below national average).
What salary do I need to live in Storm Lake, IA?
A single adult needs roughly $24,500/year to cover basic living costs in Storm Lake, IA.