An overview of the general cost of living index for Emmetsburg, IA is displayed above for your reference. Residents in Emmetsburg, IA enjoy a cost of living index of 86. This index is 5% lower than the Iowa average, and 14% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Emmetsburg, IA, the average cost of goods and services is equal to it is in Iowa, and it is 4% lower than the national average.