Cost of Living in Merriam Woods, MO

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

Cost of Living Overview

Overall Index

88.6

100 = national avg

-11.4 vs national average

Living Wage (1 Adult)

$38,971

per year

Living Wage (Family of 4)

$92,113

per year

Cost Index by Category

Housing
91.6
Food
88.2
Transportation
90.8
Healthcare
90.6
Utilities
91.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$784

per month

2 Bedroom

$1,029

per month

The overall cost of living index in Merriam Woods is 88.6, which is 11.4% below the national average. Housing costs are below the national average at an index of 91.6. A single adult needs to earn approximately $38,971 per year to cover basic expenses.