Cost of Living in Gallatin, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.6
100 = national avg
-20.4 vs national average
Living Wage (1 Adult)
$35,007
per year
Living Wage (Family of 4)
$82,744
per year
Cost Index by Category
Housing72.8
Food83.1
Transportation97.3
Healthcare86.5
Utilities84.4
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 Gallatin is 79.6, which is 20.4% below the national average. Housing costs are below the national average at an index of 72.8. A single adult needs to earn approximately $35,007 per year to cover basic expenses.