Poor air quality can greatly affect the public health. Research studies indicate that indoor air can be more polluted than the outdoor air. An indoor air quality monitoring system will help to create an awareness of the quality of air inside which will eventually help in improving it. The objective of this research is to develop a low cost wireless sensor system for indoor air quality monitoring. The major cost reduction of the system is achieved by using low priced sensors. Interface circuits had to be designed to make these sensors more accurate. The system is capable of measuring carbon dioxide, carbon monoxide, ozone, temperature, humidity and volatile organic compounds. The prototype sensor node modules were developed. The sensor nodes were the connected together by Zigbee network. The nodes were developed in such a way that it is compact in size and wireless connection of sensor nodes enable to collect air quality data from multiple locations simultaneously. The collected data was stored in a computer. We employed linear least-square approach for the calibration of each sensor to derive a conversion formula for converting the sensor readings to engineering units. The system was tested with different pollutants and data collected was compared with a professional grade monitoring system for analyzing its performance. The results indicated that the data from our system matched quite well with the professional grade monitoring system.