Cost of Living in Bakersfield, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
80.3
100 = national avg
-19.7 vs national average
Living Wage (1 Adult)
$35,320
per year
Living Wage (Family of 4)
$83,485
per year
Cost Index by Category
Housing99.0
Food78.2
Transportation56.5
Healthcare82.6
Utilities86.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$677
per month
2 Bedroom
$888
per month
The overall cost of living index in Bakersfield is 80.3, which is 19.7% below the national average. Housing costs are below the national average at an index of 99.0. A single adult needs to earn approximately $35,320 per year to cover basic expenses.