Cost of Living in Neosho, MO

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

Cost of Living Overview

Overall Index

84.0

100 = national avg

-16.0 vs national average

Living Wage (1 Adult)

$36,975

per year

Living Wage (Family of 4)

$87,395

per year

Cost Index by Category

Housing
76.5
Food
92.2
Transportation
82.4
Healthcare
93.7
Utilities
90.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$765

per month

2 Bedroom

$947

per month

The overall cost of living index in Neosho is 84.0, which is 16.0% below the national average. Housing costs are below the national average at an index of 76.5. A single adult needs to earn approximately $36,975 per year to cover basic expenses.