Cost of Living in Gray Summit, MO

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

Cost of Living Overview

Overall Index

90.9

100 = national avg

-9.1 vs national average

Living Wage (1 Adult)

$39,991

per year

Living Wage (Family of 4)

$94,524

per year

Cost Index by Category

Housing
94.7
Food
91.9
Transportation
83.9
Healthcare
93.6
Utilities
94.1

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 Gray Summit is 90.9, which is 9.1% below the national average. Housing costs are below the national average at an index of 94.7. A single adult needs to earn approximately $39,991 per year to cover basic expenses.