Cost of Living in Mill Spring, MO

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

Cost of Living Overview

Overall Index

51.8

100 = national avg

-48.2 vs national average

Living Wage (1 Adult)

$22,794

per year

Living Wage (Family of 4)

$53,877

per year

Cost Index by Category

Housing
20.0
Food
67.1
Transportation
105.3
Healthcare
73.7
Utilities
64.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$810

per month

2 Bedroom

$888

per month

The overall cost of living index in Mill Spring is 51.8, which is 48.2% below the national average. Housing costs are below the national average at an index of 20.0. A single adult needs to earn approximately $22,794 per year to cover basic expenses.