Brookfield 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.
IndexBrookfieldMissouriNational
Cost of living index8291100
IndexBrookfieldMissouriNational
Goods & Services index10095100
Groceries index9897100
Health care index10197100
Housing index4379100
Transportation index9293100
Utilities index105104100
Displayed above is a general overview of the Brookfield, MO cost of living index. The overall cost of living index in Brookfield, MO is 82, which is 10% lower than the Missouri average and 18% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Brookfield, MO are 5% higher than the Missouri average and equal to the national average.

Did you know?

  • The cost of living in Brookfield is 10% lower than the Missouri average.
  • The cost of living in Brookfield is 18% lower than the national average.
  • The cost of housing in Brookfield is 57% 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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Compare Brookfield, MO Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Brookfield, MO to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Brookfield, MO, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Brookfield, MO salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$36,796$3,066$859$1,104
Renters$17,531$1,461$409$526
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Brookfield, MO, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Brookfield, MO has a median income of about $36,796 for people who own homes. Based on that number, a person should spend a maximum of $859 on expenses related to housing. Renters have a slightly different median income, which is $17,531. Based on this average, renters should spend no more than $409 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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 considering the overall cost of living expenses in Brookfield, MO, it's important to take into account the sales tax for Missouri, as well as the rate for income tax in Missouri. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Missouri is 9.35%, and the sales tax in the state of Missouri is 4.225%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Missouri starts from 1.5% and goes up to 6%.

Goods & Services

ItemBrookfieldNational avg.Difference
Haircut $14.53$15.566.6%
Beauty Salon $40.48$36.1112.1%
Toothpaste $2.84$2.4714.7%
Shampoo $1.24$0.9628.8%
Movie $9.92$10.132.0%
Bowling $5.13$4.748.3%

Groceries

ItemBrookfieldNational avg.Difference
Ground Beef $3.68$3.987.6%
Fried Chicken $1.48$1.415.2%
Milk $2.15$2.064.2%
Potatoes $2.90$2.982.9%
Pizza $8.22$9.4713.3%
Beer $8.57$8.792.5%

Health Care

ItemBrookfieldNational avg.Difference
Optometrist $82.46$101.0418.4%
Doctor $116.17$107.448.1%
Dentist $88.31$90.422.3%
Ibuprofen $9.54$9.282.8%
Lipitor $445.29$426.504.4%

Housing

ItemBrookfieldNational avg.Difference
Home Price $62,100.00$175,700.0064.7%
Avg. Mortgage Payment $1,000.93$1,133.2311.7%
Apartment Rent $547.00$920.0040.5%

Transportation

ItemBrookfieldNational avg.Difference
Gasoline $1.86$1.996.6%
Tire Balancing $40.87$45.7610.7%

Utilities

ItemBrookfieldNational avg.Difference
All Electricity$161.00$163.811.7%
Phone $32.49$28.3914.4%
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.
Rothville, MO10575-25%
Purdin, MO18376-24%
Bucklin, MO55477-23%
Laclede, MO29478-22%
Hale, MO46380-20%
Brookfield, MO4,46282-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Larksville, PA4,46292-8%
Wiggins, MS4,46383-17%
Aurora, NE4,46181-19%
Kings Park, VA4,46414848%
Geneva, AL4,46579-21%
Brookfield, MO4,46282-18%
Source: The Brookfield, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.