Cost of Living in Monett, MO

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

Cost of Living Overview

Overall Index

80.9

100 = national avg

-19.1 vs national average

Living Wage (1 Adult)

$35,578

per year

Living Wage (Family of 4)

$84,093

per year

Cost Index by Category

Housing
84.3
Food
85.0
Transportation
70.0
Healthcare
88.0
Utilities
87.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$677

per month

2 Bedroom

$888

per month

The overall cost of living index in Monett is 80.9, which is 19.1% below the national average. Housing costs are below the national average at an index of 84.3. A single adult needs to earn approximately $35,578 per year to cover basic expenses.