Chillicothe 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.
IndexChillicotheMissouriNational
Cost of living index8591100
IndexChillicotheMissouriNational
Goods & Services index10399100
Groceries index8995100
Health care index9997100
Housing index5779100
Transportation index8787100
Utilities index93104100
A general summary of the cost of living index in Chillicothe, MO is shown above. Compared to the state average of Missouri the cost of living index in Chillicothe, MO is 85, which is 8% lower than the average in Missouri and compared to the national average it is 15% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Chillicothe, MO goods and services come in at 5% higher than the average in Missouri and are 3% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Chillicothe is 8% lower than the Missouri average.
  • The cost of living in Chillicothe is 15% lower than the national average.
  • The cost of housing in Chillicothe is 43% 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 Chillicothe, MO Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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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 Chillicothe, 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 Chillicothe, MO, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Chillicothe, 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$50,625$4,219$1,181$1,519
Renters$25,377$2,115$592$761
The affordability of the housing market in Chillicothe, 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 Chillicothe, MO homeowners, the median income is $50,625. This indicates that a monthly maximum of $1,181 should be spent by homeowners on all housing related costs. Renters have a median income of $25,377. This indicates that renters should have a maximum of $592 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%
One thing to keep in mind when considering the cost of living in Chillicothe, 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

ItemChillicotheNational 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

ItemChillicotheNational 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

ItemChillicotheNational 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

ItemChillicotheNational avg.Difference
Home Price $92,600.00$175,700.0047.3%
Avg. Mortgage Payment $1,000.66$1,081.037.4%
Apartment Rent $602.00$920.0034.6%

Transportation

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

Utilities

ItemChillicotheNational 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.
Ludlow, MO14575-25%
Lock Springs, MO6176-24%
Wheeling, MO39377-23%
Hale, MO46378-22%
Breckenridge, MO26378-22%
Chillicothe, MO8,52885-15%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Marathon, FL8,52912323%
Richmond Heights, MO8,5261088%
Midland, WA8,5261044%
Clinton, SC8,52589-11%
Westwego, LA8,53187-13%
Chillicothe, MO8,52885-15%
Source: The Chillicothe, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.