Cost of Living in Ridgely, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
107.6
100 = national avg
+7.6 vs national average
Living Wage (1 Adult)
$47,340
per year
Living Wage (Family of 4)
$111,895
per year
Cost Index by Category
Housing113.2
Food103.0
Transportation106.1
Healthcare102.4
Utilities104.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,197
per month
2 Bedroom
$1,358
per month
The overall cost of living index in Ridgely is 107.6, which is 7.6% above the national average. Housing costs are above the national average at an index of 113.2. A single adult needs to earn approximately $47,340 per year to cover basic expenses.