Cost of Living in Lake Lafayette, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
58.2
100 = national avg
-41.8 vs national average
Living Wage (1 Adult)
$25,604
per year
Living Wage (Family of 4)
$60,519
per year
Cost Index by Category
Housing44.1
Food76.3
Transportation52.5
Healthcare81.0
Utilities74.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,197
per month
2 Bedroom
$1,358
per month
The overall cost of living index in Lake Lafayette is 58.2, which is 41.8% below the national average. Housing costs are below the national average at an index of 44.1. A single adult needs to earn approximately $25,604 per year to cover basic expenses.