Cost of Living in Shell Knob, MO

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

Cost of Living Overview

Overall Index

98.3

100 = national avg

-1.7 vs national average

Living Wage (1 Adult)

$43,231

per year

Living Wage (Family of 4)

$102,183

per year

Cost Index by Category

Housing
120.2
Food
89.6
Transportation
79.3
Healthcare
91.7
Utilities
97.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$677

per month

2 Bedroom

$888

per month

The overall cost of living index in Shell Knob is 98.3, which is 1.7% below the national average. Housing costs are above the national average at an index of 120.2. A single adult needs to earn approximately $43,231 per year to cover basic expenses.