Cost of Living in Milo, MO

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

Cost of Living Overview

Overall Index

55.6

100 = national avg

-44.4 vs national average

Living Wage (1 Adult)

$24,464

per year

Living Wage (Family of 4)

$57,824

per year

Cost Index by Category

Housing
35.2
Food
74.8
Transportation
62.8
Healthcare
79.9
Utilities
71.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$703

per month

2 Bedroom

$923

per month

The overall cost of living index in Milo is 55.6, which is 44.4% below the national average. Housing costs are below the national average at an index of 35.2. A single adult needs to earn approximately $24,464 per year to cover basic expenses.