Gray Summit 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.
IndexGray SummitMissouriNational
Cost of living index9391100
IndexGray SummitMissouriNational
Goods & Services index9799100
Groceries index10195100
Health care index10197100
Housing index7979100
Transportation index9287100
Utilities index114104100

Did you know?

  • The cost of living in Gray Summit is 2% higher than the Missouri average.
  • The cost of living in Gray Summit is 7% lower than the national average.
  • The cost of housing in Gray Summit is 21% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$58,120$4,843$1,356$1,744
Renters$51,250$4,271$1,196$1,538

Missouri Sales Tax

StateGeneral Sales TaxWith Max Surtax
Missouri4.225%9.35%

Missouri Income Tax

StateIncome Tax (Low)Income Tax (High)
Missouri1.5%6%

Goods & Services

ItemGray SummitNational avg.Difference
Haircut $16.17$14.5910.8%
Beauty Salon $34.85$34.680.5%
Toothpaste $2.47$2.470.1%
Shampoo $0.87$1.0214.9%
Movie $10.46$9.876.0%
Bowling $3.64$4.3917.1%

Groceries

ItemGray SummitNational avg.Difference
Ground Beef $5.69$4.4827.1%
Fried Chicken $1.99$1.4635.9%
Milk $2.61$2.3610.7%
Potatoes $2.41$3.0621.3%
Pizza $8.39$9.249.2%
Beer $7.99$8.637.4%

Health Care

ItemGray SummitNational avg.Difference
Optometrist $83.00$99.7816.8%
Doctor $98.56$105.036.2%
Dentist $93.75$88.705.7%
Ibuprofen $10.71$9.4113.8%
Lipitor $306.38$298.502.6%

Housing

ItemGray SummitNational avg.Difference
Home Price $133,600.00$175,700.0024.0%
Avg. Mortgage Payment $711.37$1,081.0334.2%
Apartment Rent $795.00$920.0013.6%

Transportation

ItemGray SummitNational avg.Difference
Gasoline $1.86$2.0910.9%
Tire Balancing $44.70$45.291.3%

Utilities

ItemGray SummitNational avg.Difference
All Electricity$164.26$170.803.8%
Phone $39.44$28.2639.6%
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.
Three Creeks, MO397-3%
Lake Tekakwitha, MO23285-15%
Grayhawk, MO74885-15%
Cedar Hill Lakes, MO19187-13%
St. Clair, MO4,70888-12%
Gray Summit, MO3,30093-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hicksville, OH3,30080-20%
Haskell, TX3,30076-24%
Llano, TX3,30081-19%
Jackson, MN3,30085-15%
Marysville, KS3,30179-21%
Gray Summit, MO3,30093-7%
Source: The Gray Summit, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.