Barnhart cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBarnhartMissouriNational
Cost of living index9691100
IndexBarnhartMissouriNational
Goods & Services index9395100
Groceries index10397100
Health care index9697100
Housing index9379100
Transportation index9493100
Utilities index113104100
A general overview of the cost of living index for Barnhart, MO is displayed above. In Barnhart, MO, the overall cost of living index is 96, which is 6% higher than the Missouri average and 4% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Barnhart, MO, the city's goods and services are 3% lower than the Missouri average and 7% lower than the U.S. average.

Did you know?

  • The cost of living in Barnhart is 6% higher than the Missouri average.
  • The cost of living in Barnhart is 4% lower than the national average.
  • The cost of housing in Barnhart is 7% lower than the national average.
  • Missouri general sales tax is 17% lower than the national average.
  • Missouri state income tax is 33% lower than the national average.

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Salary Calculator

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Health care index
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The salary calculator allows you to compare how much your current salary in Barnhart, MO would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Barnhart, MO, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Barnhart, MO salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$65,000$5,417$1,517$1,950
Renters$34,130$2,844$796$1,024
The affordability of the housing market in Barnhart, MO as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Barnhart, MO homeowners, the median income is $65,000. This indicates that a monthly maximum of $1,517 should be spent by homeowners on all housing related costs. Renters have a median income of $34,130. This indicates that renters should have a maximum of $796 used for their rent related monthly costs.

Missouri Sales Tax

StateGeneral Sales TaxWith Max Surtax
Missouri4.225%9.35%

Missouri Income Tax

StateIncome Tax (Low)Income Tax (High)
Missouri1.5%6%
When assessing the complete cost of living in Barnhart, MO, the Missouri income tax and the Missouri sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Missouri maximum surtax is 9.35%, and the Missouri sales tax is 4.225%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 1.5% to 6% in Missouri.

Goods & Services

ItemBarnhartNational avg.Difference
Haircut $16.36$15.565.1%
Beauty Salon $37.77$36.114.6%
Toothpaste $2.13$2.4713.7%
Shampoo $1.03$0.966.7%
Movie $10.07$10.130.6%
Bowling $3.78$4.7420.2%

Groceries

ItemBarnhartNational avg.Difference
Ground Beef $4.90$3.9823.0%
Fried Chicken $1.88$1.4133.6%
Milk $2.33$2.0612.9%
Potatoes $2.48$2.9816.7%
Pizza $8.52$9.4710.1%
Beer $8.04$8.798.6%

Health Care

ItemBarnhartNational avg.Difference
Optometrist $76.95$101.0423.8%
Doctor $84.03$107.4421.8%
Dentist $91.80$90.421.5%
Ibuprofen $11.43$9.2823.2%
Lipitor $433.91$426.501.7%

Housing

ItemBarnhartNational avg.Difference
Home Price $139,500.00$175,700.0020.6%
Avg. Mortgage Payment $728.96$1,133.2335.7%
Apartment Rent $1,140.00$920.0023.9%

Transportation

ItemBarnhartNational avg.Difference
Gasoline $1.87$1.996.4%
Tire Balancing $43.83$45.764.2%

Utilities

ItemBarnhartNational avg.Difference
All Electricity$160.36$163.812.1%
Phone $38.25$28.3934.8%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Peaceful Village, MO598-2%
East Carondelet, IL54682-18%
Fults, IL2284-16%
Grayhawk, MO74885-15%
De Soto, MO6,44986-14%
Barnhart, MO5,74696-4%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bath, NY5,74784-16%
Fort Meade, FL5,74585-15%
Sterling, AK5,74812525%
Oreland, PA5,74812222%
Durham, CA5,74313232%
Barnhart, MO5,74696-4%
Source: The Barnhart, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.