Cost of Living in Fairfax, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
75.4
100 = national avg
-24.6 vs national average
Living Wage (1 Adult)
$33,184
per year
Living Wage (Family of 4)
$78,435
per year
Cost Index by Category
Housing54.4
Food91.4
Transportation82.7
Healthcare93.1
Utilities85.7
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 Fairfax is 75.4, which is 24.6% below the national average. Housing costs are below the national average at an index of 54.4. A single adult needs to earn approximately $33,184 per year to cover basic expenses.