Cost of Living in Hannibal, MO

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

Cost of Living Overview

Overall Index

84.5

100 = national avg

-15.5 vs national average

Living Wage (1 Adult)

$37,173

per year

Living Wage (Family of 4)

$87,863

per year

Cost Index by Category

Housing
78.9
Food
91.3
Transportation
82.7
Healthcare
93.1
Utilities
90.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$677

per month

2 Bedroom

$888

per month

The overall cost of living index in Hannibal is 84.5, which is 15.5% below the national average. Housing costs are below the national average at an index of 78.9. A single adult needs to earn approximately $37,173 per year to cover basic expenses.