Cost of Living in Iberia, MO

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

Cost of Living Overview

Overall Index

78.8

100 = national avg

-21.2 vs national average

Living Wage (1 Adult)

$34,689

per year

Living Wage (Family of 4)

$81,993

per year

Cost Index by Category

Housing
58.1
Food
93.6
Transportation
87.3
Healthcare
94.9
Utilities
87.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$819

per month

2 Bedroom

$898

per month

The overall cost of living index in Iberia is 78.8, which is 21.2% below the national average. Housing costs are below the national average at an index of 58.1. A single adult needs to earn approximately $34,689 per year to cover basic expenses.