Cost of Living in Alma, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.6
100 = national avg
-1.4 vs national average
Living Wage (1 Adult)
$43,378
per year
Living Wage (Family of 4)
$102,530
per year
Cost Index by Category
Housing82.9
Food105.5
Transportation111.1
Healthcare104.4
Utilities99.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,197
per month
2 Bedroom
$1,358
per month
The overall cost of living index in Alma is 98.6, which is 1.4% below the national average. Housing costs are below the national average at an index of 82.9. A single adult needs to earn approximately $43,378 per year to cover basic expenses.