Monroe City 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.
IndexMonroe CityMissouriNational
Cost of living index8491100
IndexMonroe CityMissouriNational
Goods & Services index10095100
Groceries index9897100
Health care index10197100
Housing index4979100
Transportation index9293100
Utilities index105104100

Did you know?

  • The cost of living in Monroe City is 8% lower than the Missouri average.
  • The cost of living in Monroe City is 16% lower than the national average.
  • The cost of housing in Monroe City is 51% 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$43,777$3,648$1,021$1,313
Renters$30,833$2,569$719$925

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

ItemMonroe CityNational avg.Difference
Haircut $14.53$15.566.6%
Beauty Salon $40.48$36.1112.1%
Toothpaste $2.84$2.4714.7%
Shampoo $1.24$0.9628.8%
Movie $9.92$10.132.0%
Bowling $5.13$4.748.3%

Groceries

ItemMonroe CityNational avg.Difference
Ground Beef $3.68$3.987.6%
Fried Chicken $1.48$1.415.2%
Milk $2.15$2.064.2%
Potatoes $2.90$2.982.9%
Pizza $8.22$9.4713.3%
Beer $8.57$8.792.5%

Health Care

ItemMonroe CityNational avg.Difference
Optometrist $82.46$101.0418.4%
Doctor $116.17$107.448.1%
Dentist $88.31$90.422.3%
Ibuprofen $9.54$9.282.8%
Lipitor $445.29$426.504.4%

Housing

ItemMonroe CityNational avg.Difference
Home Price $77,100.00$175,700.0056.1%
Avg. Mortgage Payment $1,000.93$1,133.2311.7%
Apartment Rent $557.00$920.0039.5%

Transportation

ItemMonroe CityNational avg.Difference
Gasoline $1.86$1.996.6%
Tire Balancing $40.87$45.7610.7%

Utilities

ItemMonroe CityNational avg.Difference
All Electricity$161.00$163.811.7%
Phone $32.49$28.3914.4%
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.
Goss, MO099-1%
Florida, MO099-1%
Hunnewell, MO12078-22%
Center, MO37981-19%
Paris, MO1,18482-18%
Monroe City, MO2,47484-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kimball, NE2,47481-19%
Val Verde Park, TX2,47478-22%
Rolling Fork, MS2,47476-24%
Hudson, CO2,47599-1%
Coalfield, TN2,47581-19%
Monroe City, MO2,47484-16%
Source: The Monroe City, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.