Cost of Living in Gerald, MO

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

Cost of Living Overview

Overall Index

87.7

100 = national avg

-12.3 vs national average

Living Wage (1 Adult)

$38,572

per year

Living Wage (Family of 4)

$91,171

per year

Cost Index by Category

Housing
83.5
Food
93.0
Transportation
86.0
Healthcare
94.4
Utilities
92.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$995

per month

2 Bedroom

$1,218

per month

The overall cost of living index in Gerald is 87.7, which is 12.3% below the national average. Housing costs are below the national average at an index of 83.5. A single adult needs to earn approximately $38,572 per year to cover basic expenses.