Kearney 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.
Cost of living index9491100
Goods & Services index10399100
Groceries index8995100
Health care index9997100
Housing index8979100
Transportation index8787100
Utilities index93104100
An overview of the general cost of living index for Kearney, MO is displayed above for your reference. Residents in Kearney, MO enjoy a cost of living index of 94. This index is 3% higher than the Missouri average, and 6% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Kearney, MO, the average cost of goods and services is 5% higher than it is in Missouri, and it is 3% higher than the national average.

Did you know?

  • The cost of living in Kearney is 3% higher than the Missouri average.
  • The cost of living in Kearney is 6% lower than the national average.
  • The cost of housing in Kearney is 11% 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

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Kearney, 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 Kearney, MO, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Kearney, 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)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Kearney, MO, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Kearney, MO homeowners have a median income of $84,167. Using that number, you will come up with a maximum of $1,964 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $33,491, which means there is a maximum of $781 to be spent on the costs of renting a home or apartment.

Missouri Sales Tax

StateGeneral Sales TaxWith Max Surtax

Missouri Income Tax

StateIncome Tax (Low)Income Tax (High)
The Missouri sales tax and Missouri income tax rates should definitely be considered when determining the overall cost of living in Kearney, 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

ItemKearneyNational 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%


ItemKearneyNational 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

ItemKearneyNational 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%


ItemKearneyNational avg.Difference
Home Price $157,600.00$175,700.0010.3%
Avg. Mortgage Payment $1,000.66$1,081.037.4%
Apartment Rent $812.00$920.0011.7%


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


ItemKearneyNational 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.
River Bend, MO697-3%
Excelsior Estates, MO16579-21%
Elmira, MO6579-21%
Homestead, MO15781-19%
Randolph, MO2682-18%
Kearney, MO8,84594-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Carbondale, PA8,84389-11%
Beaver Falls, PA8,84284-16%
Graham, TX8,84080-20%
DuPont, WA8,85112323%
Detroit Lakes, MN8,83495-5%
Kearney, MO8,84594-6%
Source: The Kearney, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.