Mountain Grove 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.
IndexMountain GroveMissouriNational
Cost of living index8391100
IndexMountain GroveMissouriNational
Goods & Services index9999100
Groceries index10095100
Health care index9497100
Housing index5179100
Transportation index8387100
Utilities index103104100
A general summary of the cost of living index in Mountain Grove, MO is shown above. Compared to the state average of Missouri the cost of living index in Mountain Grove, MO is 83, which is 9% lower than the average in Missouri and compared to the national average it is 17% 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 Mountain Grove, MO goods and services come in at equal to the average in Missouri and are 1% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Mountain Grove is 9% lower than the Missouri average.
  • The cost of living in Mountain Grove is 17% lower than the national average.
  • The cost of housing in Mountain Grove is 49% 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
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Cost of living index
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Groceries index
Health care index
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The salary calculator is meant to help you compare your salary in Mountain Grove, 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 Mountain Grove, MO, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Mountain Grove, 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)
Owners$34,120$2,843$796$1,024
Renters$25,231$2,103$589$757
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Mountain Grove, 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 Mountain Grove, MO homeowners have a median income of $34,120. Using that number, you will come up with a maximum of $796 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $25,231, which means there is a maximum of $589 to be spent on the costs of renting a home or apartment.

Missouri Sales Tax

StateGeneral Sales TaxWith Max Surtax
Missouri4.225%9.35%

Missouri Income Tax

StateIncome Tax (Low)Income Tax (High)
Missouri1.5%6%
The Missouri sales tax and Missouri income tax rates should definitely be considered when determining the overall cost of living in Mountain Grove, 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

ItemMountain GroveNational avg.Difference
Haircut $12.25$14.5916.1%
Beauty Salon $33.67$34.682.9%
Toothpaste $1.69$2.4731.7%
Shampoo $0.84$1.0217.8%
Movie $9.58$9.872.9%
Bowling $3.63$4.3917.3%

Groceries

ItemMountain GroveNational avg.Difference
Ground Beef $4.17$4.486.9%
Fried Chicken $1.71$1.4616.8%
Milk $2.46$2.364.4%
Potatoes $2.76$3.069.8%
Pizza $8.49$9.248.1%
Beer $8.81$8.632.1%

Health Care

ItemMountain GroveNational avg.Difference
Optometrist $93.00$99.786.8%
Doctor $104.00$105.031.0%
Dentist $75.25$88.7015.2%
Ibuprofen $8.42$9.4110.5%
Lipitor $313.13$298.504.9%

Housing

ItemMountain GroveNational avg.Difference
Home Price $83,900.00$175,700.0052.2%
Avg. Mortgage Payment $778.68$1,081.0328.0%
Apartment Rent $528.00$920.0042.6%

Transportation

ItemMountain GroveNational avg.Difference
Gasoline $1.68$2.0919.7%
Tire Balancing $40.99$45.299.5%

Utilities

ItemMountain GroveNational avg.Difference
All Electricity$150.33$170.8012.0%
Phone $35.01$28.2623.9%
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.
Hartville, MO72779-21%
Cabool, MO2,41081-19%
Norwood, MO63681-19%
Mountain Grove, MO4,70483-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Avalon, PA4,70488-12%
Danville, PA4,70391-9%
Madisonville, TN4,70382-18%
Georgetown, OH4,70683-17%
South Greeley, WY4,70278-22%
Mountain Grove, MO4,70483-17%
Source: The Mountain Grove, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.