Cost of Living in Monroe City, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.4
100 = national avg
-18.6 vs national average
Living Wage (1 Adult)
$35,828
per year
Living Wage (Family of 4)
$84,684
per year
Cost Index by Category
Housing72.8
Food90.4
Transportation80.8
Healthcare92.3
Utilities88.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$677
per month
2 Bedroom
$888
per month
The overall cost of living index in Monroe City is 81.4, which is 18.6% below the national average. Housing costs are below the national average at an index of 72.8. A single adult needs to earn approximately $35,828 per year to cover basic expenses.