Cost of Living in Murphy, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
104.7
100 = national avg
+4.7 vs national average
Living Wage (1 Adult)
$46,052
per year
Living Wage (Family of 4)
$108,851
per year
Cost Index by Category
Housing98.0
Food106.1
Transportation112.2
Healthcare104.9
Utilities103.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$995
per month
2 Bedroom
$1,218
per month
The overall cost of living index in Murphy is 104.7, which is 4.7% above the national average. Housing costs are below the national average at an index of 98.0. A single adult needs to earn approximately $46,052 per year to cover basic expenses.