Cost of Living in Steele, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
67.4
100 = national avg
-32.6 vs national average
Living Wage (1 Adult)
$29,672
per year
Living Wage (Family of 4)
$70,134
per year
Cost Index by Category
Housing70.2
Food75.8
Transportation51.6
Healthcare80.6
Utilities79.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$713
per month
2 Bedroom
$888
per month
The overall cost of living index in Steele is 67.4, which is 32.6% below the national average. Housing costs are below the national average at an index of 70.2. A single adult needs to earn approximately $29,672 per year to cover basic expenses.