Cost of Living in Renick, MO

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

Cost of Living Overview

Overall Index

64.7

100 = national avg

-35.3 vs national average

Living Wage (1 Adult)

$28,486

per year

Living Wage (Family of 4)

$67,331

per year

Cost Index by Category

Housing
51.9
Food
80.4
Transportation
60.8
Healthcare
84.3
Utilities
78.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$693

per month

2 Bedroom

$888

per month

The overall cost of living index in Renick is 64.7, which is 35.3% below the national average. Housing costs are below the national average at an index of 51.9. A single adult needs to earn approximately $28,486 per year to cover basic expenses.