Cost of Living in Morehouse, MO

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

Cost of Living Overview

Overall Index

58.0

100 = national avg

-42.0 vs national average

Living Wage (1 Adult)

$25,521

per year

Living Wage (Family of 4)

$60,323

per year

Cost Index by Category

Housing
47.5
Food
74.6
Transportation
49.3
Healthcare
79.7
Utilities
74.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$678

per month

2 Bedroom

$890

per month

The overall cost of living index in Morehouse is 58.0, which is 42.0% below the national average. Housing costs are below the national average at an index of 47.5. A single adult needs to earn approximately $25,521 per year to cover basic expenses.