Cape Girardeau 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.
IndexCape GirardeauMissouriNational
Cost of living index9191100
IndexCape GirardeauMissouriNational
Goods & Services index9395100
Groceries index10397100
Health care index9697100
Housing index7379100
Transportation index9493100
Utilities index113104100
Displayed above is a general overview of the Cape Girardeau, MO cost of living index. The overall cost of living index in Cape Girardeau, MO is 91, which is 1% lower than the Missouri average and 9% 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 Cape Girardeau, MO are 3% lower than the Missouri average and 7% lower than the national average.

Did you know?

  • The cost of living in Cape Girardeau is 1% lower than the Missouri average.
  • The cost of living in Cape Girardeau is 9% lower than the national average.
  • The cost of housing in Cape Girardeau is 27% 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 Cape Girardeau, MO Cost of living To Other Cities

Salary Calculator

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Groceries index
Health care index
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The salary calculator allows you to compare how much your current salary in Cape Girardeau, 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 Cape Girardeau, MO, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Cape Girardeau, 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$57,816$4,818$1,349$1,735
Renters$22,509$1,876$525$675
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 Cape Girardeau, 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. Cape Girardeau, MO has a median income of about $57,816 for people who own homes. Based on that number, a person should spend a maximum of $1,349 on expenses related to housing. Renters have a slightly different median income, which is $22,509. Based on this average, renters should spend no more than $525 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%
One thing to keep in mind when considering the cost of living in Cape Girardeau, MO is the Missouri sales tax and Missouri income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Missouri sales tax rate is 4.225% and the maximum surtax that can be charged is 9.35%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Missouri income tax rates range from 1.5% to 6%.

Goods & Services

ItemCape GirardeauNational 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

ItemCape GirardeauNational 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

ItemCape GirardeauNational 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

ItemCape GirardeauNational avg.Difference
Home Price $129,700.00$175,700.0026.2%
Avg. Mortgage Payment $728.96$1,133.2335.7%
Apartment Rent $665.00$920.0027.7%

Transportation

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

Utilities

ItemCape GirardeauNational 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.
Lambert, MO089-11%
Allenville, MO7673-27%
Mill Creek, IL4872-28%
Thebes, IL59379-21%
Commerce, MO4279-21%
Cape Girardeau, MO38,66591-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bremerton, WA38,66412323%
Kendall West, FL38,6731055%
The Colony, TX38,69092-8%
Sun City, AZ38,62290-10%
Shakopee, MN38,6131099%
Cape Girardeau, MO38,66591-9%
Source: The Cape Girardeau, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.