Cost of Living in Velda City, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
83.1
100 = national avg
-16.9 vs national average
Living Wage (1 Adult)
$36,557
per year
Living Wage (Family of 4)
$86,408
per year
Cost Index by Category
Housing89.4
Food83.0
Transportation80.4
Healthcare86.4
Utilities87.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$995
per month
2 Bedroom
$1,218
per month
The overall cost of living index in Velda City is 83.1, which is 16.9% below the national average. Housing costs are below the national average at an index of 89.4. A single adult needs to earn approximately $36,557 per year to cover basic expenses.