Cost of Living in Altamont, MO

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

78.1

100 = national avg

-21.9 vs national average

Living Wage (1 Adult)

$34,380

per year

Living Wage (Family of 4)

$81,262

per year

Cost Index by Category

Housing
79.3
Food
81.5
Transportation
77.9
Healthcare
85.2
Utilities
84.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$677

per month

2 Bedroom

$888

per month

The overall cost of living index in Altamont is 78.1, which is 21.9% below the national average. Housing costs are below the national average at an index of 79.3. A single adult needs to earn approximately $34,380 per year to cover basic expenses.