Cost of Living in Sheldon, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
67.5
100 = national avg
-32.5 vs national average
Living Wage (1 Adult)
$29,708
per year
Living Wage (Family of 4)
$70,219
per year
Cost Index by Category
Housing54.6
Food82.4
Transportation64.8
Healthcare85.9
Utilities80.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$703
per month
2 Bedroom
$923
per month
The overall cost of living index in Sheldon is 67.5, which is 32.5% below the national average. Housing costs are below the national average at an index of 54.6. A single adult needs to earn approximately $29,708 per year to cover basic expenses.