Butler 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.
IndexButlerMissouriNational
Cost of living index8391100
IndexButlerMissouriNational
Goods & Services index10399100
Groceries index8995100
Health care index9997100
Housing index5079100
Transportation index8787100
Utilities index93104100
A general overview of the cost of living index for Butler, MO is displayed above. In Butler, MO, the overall cost of living index is 83, which is 10% lower than the Missouri average and 17% 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 Butler, MO, the city's goods and services are 5% higher than the Missouri average and 3% higher than the U.S. average.

Did you know?

  • The cost of living in Butler is 10% lower than the Missouri average.
  • The cost of living in Butler is 17% lower than the national average.
  • The cost of housing in Butler is 50% 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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The salary calculator is meant to help you compare your salary in Butler, MO to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Butler, MO, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Butler, MO salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$36,950$3,079$862$1,109
Renters$21,947$1,829$512$658
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 Butler, 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. Butler, MO has a median income of about $36,950 for people who own homes. Based on that number, a person should spend a maximum of $862 on expenses related to housing. Renters have a slightly different median income, which is $21,947. Based on this average, renters should spend no more than $512 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%
The Missouri sales tax and Missouri income tax rates should definitely be considered when determining the overall cost of living in Butler, MO. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Missouri sales tax is 4.225% and the maximum surtax is 9.35%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Missouri income tax rates range from 1.5% to 6%.

Goods & Services

ItemButlerNational avg.Difference
Haircut $14.67$14.590.5%
Beauty Salon $32.43$34.686.5%
Toothpaste $1.86$2.4724.8%
Shampoo $1.17$1.0214.5%
Movie $9.36$9.875.2%
Bowling $4.11$4.396.4%

Groceries

ItemButlerNational avg.Difference
Ground Beef $4.74$4.485.9%
Fried Chicken $1.25$1.4614.6%
Milk $2.35$2.360.3%
Potatoes $2.52$3.0617.7%
Pizza $7.49$9.2419.0%
Beer $7.77$8.6310.0%

Health Care

ItemButlerNational avg.Difference
Optometrist $95.50$99.784.3%
Doctor $101.50$105.033.4%
Dentist $89.10$88.700.4%
Ibuprofen $8.37$9.4111.1%
Lipitor $306.77$298.502.8%

Housing

ItemButlerNational avg.Difference
Home Price $79,200.00$175,700.0054.9%
Avg. Mortgage Payment $1,000.66$1,081.037.4%
Apartment Rent $566.00$920.0038.5%

Transportation

ItemButlerNational avg.Difference
Gasoline $1.77$2.0915.5%
Tire Balancing $43.05$45.294.9%

Utilities

ItemButlerNational avg.Difference
All Electricity$162.80$170.804.7%
Phone $25.01$28.2611.5%
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.
Merwin, MO4273-27%
Amoret, MO19575-25%
Rockville, MO13774-26%
Foster, MO11277-23%
Rich Hill, MO1,46078-22%
Butler, MO4,11283-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Taylor, AZ4,11287-13%
Hooksett, NH4,11211717%
Waverly, TN4,11387-13%
Elmira Heights, NY4,11188-12%
Cortez, FL4,1141044%
Butler, MO4,11283-17%
Source: The Butler, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.