Cost of Living in Essex, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.4
100 = national avg
-14.6 vs national average
Living Wage (1 Adult)
$37,562
per year
Living Wage (Family of 4)
$88,782
per year
Cost Index by Category
Housing63.3
Food98.8
Transportation97.6
Healthcare99.0
Utilities91.9
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 Essex is 85.4, which is 14.6% below the national average. Housing costs are below the national average at an index of 63.3. A single adult needs to earn approximately $37,562 per year to cover basic expenses.