Mercer 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.
IndexMercerMissouriNational
Cost of living index7491100
IndexMercerMissouriNational
Goods & Services index8995100
Groceries index9297100
Health care index9797100
Housing index3079100
Transportation index9993100
Utilities index99104100

Did you know?

  • The cost of living in Mercer is 19% lower than the Missouri average.
  • The cost of living in Mercer is 26% lower than the national average.
  • The cost of housing in Mercer is 70% 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$36,750$3,063$857$1,103
Renters$18,750$1,563$437$563

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

ItemMercerNational avg.Difference
Haircut $14.43$15.567.3%
Beauty Salon $27.88$36.1122.8%
Toothpaste $1.83$2.4726.1%
Shampoo $0.97$0.960.2%
Movie $8.92$10.1311.9%
Bowling $4.51$4.744.8%

Groceries

ItemMercerNational avg.Difference
Ground Beef $3.63$3.989.0%
Fried Chicken $1.71$1.4121.5%
Milk $1.75$2.0615.0%
Potatoes $2.01$2.9832.7%
Pizza $8.49$9.4710.4%
Beer $8.37$8.794.9%

Health Care

ItemMercerNational avg.Difference
Optometrist $94.78$101.046.2%
Doctor $120.75$107.4412.4%
Dentist $77.93$90.4213.8%
Ibuprofen $8.28$9.2810.8%
Lipitor $438.85$426.502.9%

Housing

ItemMercerNational avg.Difference
Home Price $37,000.00$175,700.0078.9%
Avg. Mortgage Payment $1,011.66$1,133.2310.7%
Apartment Rent $471.00$920.0048.8%

Transportation

ItemMercerNational avg.Difference
Gasoline $1.92$1.993.5%
Tire Balancing $47.41$45.763.6%

Utilities

ItemMercerNational avg.Difference
All Electricity$156.60$163.814.4%
Phone $29.30$28.393.2%
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.
Harris, MO4968-32%
South Lineville, MO3369-31%
Ravanna, MO4069-31%
Powersville, MO5769-31%
Mount Moriah, MO13470-30%
Mercer, MO46174-26%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Blue River, WI46184-16%
Chapin, IL46179-21%
Glenview, KY46115959%
Allenport borough, PA46184-16%
Hyden, KY46183-17%
Mercer, MO46174-26%
Source: The Mercer, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.