Cost of Living in Iron Mountain Lake, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
59.1
100 = national avg
-40.9 vs national average
Living Wage (1 Adult)
$26,022
per year
Living Wage (Family of 4)
$61,507
per year
Cost Index by Category
Housing54.0
Food73.2
Transportation46.5
Healthcare78.6
Utilities74.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$689
per month
2 Bedroom
$904
per month
The overall cost of living index in Iron Mountain Lake is 59.1, which is 40.9% below the national average. Housing costs are below the national average at an index of 54.0. A single adult needs to earn approximately $26,022 per year to cover basic expenses.