Cost of Living in Rensselaer, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
107.7
100 = national avg
+7.7 vs national average
Living Wage (1 Adult)
$47,390
per year
Living Wage (Family of 4)
$112,012
per year
Cost Index by Category
Housing103.2
Food111.6
Transportation97.7
Healthcare109.3
Utilities107.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$677
per month
2 Bedroom
$888
per month
The overall cost of living index in Rensselaer is 107.7, which is 7.7% above the national average. Housing costs are above the national average at an index of 103.2. A single adult needs to earn approximately $47,390 per year to cover basic expenses.