Cost of Living in Luzerne, IA

With a cost of living index of 76, Luzerne, IA is a very affordable place to live. Living here is 24% cheaper than the national average and 5% above the Iowa state average of 71. Luzerne is a small community of 140 residents.

The median household income in Luzerne is $95,000, which is 26% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Luzerne. The area sees an average annual temperature of 48.3°F, with summers averaging 71°F and winters around 23°F. Annual rainfall totals 35.9 inches spread over roughly 113 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Cedar Rapids, IA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.