Cost of Living in Mercer, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
59.3
100 = national avg
-40.7 vs national average
Living Wage (1 Adult)
$26,093
per year
Living Wage (Family of 4)
$61,675
per year
Cost Index by Category
Housing37.5
Food80.3
Transportation60.5
Healthcare84.2
Utilities75.7
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 Mercer is 59.3, which is 40.7% below the national average. Housing costs are below the national average at an index of 37.5. A single adult needs to earn approximately $26,093 per year to cover basic expenses.