Cost of Living in Hermann, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
89.7
100 = national avg
-10.3 vs national average
Living Wage (1 Adult)
$39,486
per year
Living Wage (Family of 4)
$93,331
per year
Cost Index by Category
Housing86.7
Food94.0
Transportation88.0
Healthcare95.2
Utilities93.7
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 Hermann is 89.7, which is 10.3% below the national average. Housing costs are below the national average at an index of 86.7. A single adult needs to earn approximately $39,486 per year to cover basic expenses.