What Are the Everyday Living Costs in Independence, MO in 2024?
The average monthly cost of living in Independence, MO is $3,412, which is 25% lower than the U.S. average ($4,521). The average monthly cost of rent is $1,209, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,203 per month.
Independence, MO is ranked 67th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of the cheaper cities in which to live in the U.S.
Cost of Living (for Renters / Monthly)
Rent
$1,209
Utilities
$408
Transportation
$115
Groceries
$710
Other
$970
Total
$3,412
What Are the Everyday Living Costs in Independence, MO in 2024?
The average monthly cost of living in Independence, MO for singles is $2,265, which is 23% lower than the U.S. average ($2,956). The average monthly cost of rent for singles is $776, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $1,489 per month.
Independence, MO is ranked 62nd out of the 333 most populated cities in the U.S. for having the lowest cost of living for singles. Therefore, it is considered as one of the cheaper cities for singles in which to live in the U.S.
Cost of Living (for Single Renters / Monthly)
Rent
$776
Utilities
$235
Transportation
$60
Groceries
$341
Other
$853
Total
$2,265
What Are the Everyday Living Costs in Independence, MO in 2024?
The average monthly cost of living in Independence, MO for couples is $3,389, which is 25% lower than the U.S. average ($4,519). The average monthly cost of rent for couples is $1,214, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,176 per month.
Independence, MO is ranked 66th out of the 333 most populated cities in the U.S. for having the lowest cost of living for couples. Therefore, it is considered as one of the cheaper cities for couples in which to live in the U.S.
Cost of Living (for Couple Renters / Monthly)
Rent
$1,214
Utilities
$401
Transportation
$120
Groceries
$682
Other
$973
Total
$3,390
What Are the Everyday Living Costs in Independence, MO in 2024?
The average monthly cost of living in Independence, MO for single parents is $3,318, which is 20% lower than the U.S. average ($4,172). The average monthly cost of rent for single parents is $1,214, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,104 per month.
Independence, MO is ranked 66th out of the 333 most populated cities in the U.S. for having the lowest cost of living for single parents. Therefore, it is considered as one of the cheaper cities for single parents in which to live in the U.S.
Cost of Living (for Single Parent Renters / Monthly)
Rent
$1,214
Utilities
$393
Transportation
$99
Groceries
$646
Other
$966
Total
$3,318
What Are the Everyday Living Costs in Independence, MO in 2024?
The average monthly cost of living in Independence, MO for families is $4,677, which is 27% lower than the U.S. average ($6,392). The average monthly cost of rent for families is $1,633, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $3,044 per month.
Independence, MO is ranked 62nd out of the 333 most populated cities in the U.S. for having the lowest cost of living for families. Therefore, it is considered as one of the cheaper cities for families in which to live in the U.S.
Cost of Living (for Family Renters / Monthly)
Rent
$1,633
Utilities
$602
Transportation
$183
Groceries
$1,170
Other
$1,089
Total
$4,677
What Salary Do You Need to Live Comfortably in Independence, MO in 2024?
Overall, on average, a gross annual salary of $54,996 is required for an average quality of life in Independence, MO.
Is the Cost of Living High in Independence, MO?
Independence, MO is ranked 67th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the cheaper cities in which to live in the U.S. Independence, MO's average monthly rent is 43% lower than the U.S. average cost of rent.
Is $50,000 a Good Salary in Independence, MO in 2024?
A gross annual salary of $50,000 in Independence, MO will yield an average annual net salary of $43,560. Considering that the total average annual cost of living in Independence, MO is $40,949, a gross annual salary of $50,000 will be sufficient to cover average living costs.
How Much Should You Pay for Rent in Independence, MO?
The average monthly rent in Independence, MO in the city center is $1,004 for a 1 bedroom apartment, $1,309 for a 2 bedroom apartment and $1,603 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $906 for a 1 bedroom apartment, $1,150 for a 2 bedroom apartment and $1,401 for a 3 bedroom apartment.