Cost of Living in Mineral Point, MO

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

Cost of Living Overview

Overall Index

84.6

100 = national avg

-15.4 vs national average

Living Wage (1 Adult)

$37,210

per year

Living Wage (Family of 4)

$87,952

per year

Cost Index by Category

Housing
92.9
Food
79.9
Transportation
93.9
Healthcare
83.9
Utilities
86.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$774

per month

2 Bedroom

$888

per month

The overall cost of living index in Mineral Point is 84.6, which is 15.4% below the national average. Housing costs are below the national average at an index of 92.9. A single adult needs to earn approximately $37,210 per year to cover basic expenses.