Cost of Living in Richland, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
68.0
100 = national avg
-32.0 vs national average
Living Wage (1 Adult)
$29,900
per year
Living Wage (Family of 4)
$70,673
per year
Cost Index by Category
Housing56.9
Food81.9
Transportation63.8
Healthcare85.5
Utilities80.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$688
per month
2 Bedroom
$903
per month
The overall cost of living index in Richland is 68.0, which is 32.0% below the national average. Housing costs are below the national average at an index of 56.9. A single adult needs to earn approximately $29,900 per year to cover basic expenses.