Cost of Living in Anderson, MO

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

Cost of Living Overview

Overall Index

78.0

100 = national avg

-22.0 vs national average

Living Wage (1 Adult)

$34,304

per year

Living Wage (Family of 4)

$81,081

per year

Cost Index by Category

Housing
65.3
Food
89.6
Transportation
79.3
Healthcare
91.7
Utilities
86.9

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 Anderson is 78.0, which is 22.0% below the national average. Housing costs are below the national average at an index of 65.3. A single adult needs to earn approximately $34,304 per year to cover basic expenses.