Cost of Living in Alba, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.3
100 = national avg
-20.7 vs national average
Living Wage (1 Adult)
$34,880
per year
Living Wage (Family of 4)
$82,444
per year
Cost Index by Category
Housing71.1
Food88.7
Transportation77.4
Healthcare91.0
Utilities87.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$765
per month
2 Bedroom
$947
per month
The overall cost of living index in Alba is 79.3, which is 20.7% below the national average. Housing costs are below the national average at an index of 71.1. A single adult needs to earn approximately $34,880 per year to cover basic expenses.