Cost of Living in Millard, MO

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

Cost of Living Overview

Overall Index

73.2

100 = national avg

-26.8 vs national average

Living Wage (1 Adult)

$32,206

per year

Living Wage (Family of 4)

$76,124

per year

Cost Index by Category

Housing
27.2
Food
100.2
Transportation
100.3
Healthcare
100.1
Utilities
85.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$708

per month

2 Bedroom

$888

per month

The overall cost of living index in Millard is 73.2, which is 26.8% below the national average. Housing costs are below the national average at an index of 27.2. A single adult needs to earn approximately $32,206 per year to cover basic expenses.