Cost of Living in Oakland, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
178.6
100 = national avg
+78.6 vs national average
Living Wage (1 Adult)
$78,604
per year
Living Wage (Family of 4)
$185,791
per year
Cost Index by Category
Housing215.1
Food140.5
Transportation181.1
Healthcare132.4
Utilities147.3
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 Oakland is 178.6, which is 78.6% above the national average. Housing costs are above the national average at an index of 215.1. A single adult needs to earn approximately $78,604 per year to cover basic expenses.