Cost of Living in Craig, MO

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

Cost of Living Overview

Overall Index

53.6

100 = national avg

-46.4 vs national average

Living Wage (1 Adult)

$23,597

per year

Living Wage (Family of 4)

$55,774

per year

Cost Index by Category

Housing
27.1
Food
78.2
Transportation
56.4
Healthcare
82.5
Utilities
72.3

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 Craig is 53.6, which is 46.4% below the national average. Housing costs are below the national average at an index of 27.1. A single adult needs to earn approximately $23,597 per year to cover basic expenses.