Olean 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.
IndexOleanMissouriNational
Cost of living index8391100
IndexOleanMissouriNational
Goods & Services index9899100
Groceries index9695100
Health care index9997100
Housing index5279100
Transportation index8787100
Utilities index99104100

Did you know?

  • The cost of living in Olean is 9% lower than the Missouri average.
  • The cost of living in Olean is 17% lower than the national average.
  • The cost of housing in Olean is 48% 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$30,625$2,552$715$919
Renters$11,696$975$273$351

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

ItemOleanNational avg.Difference
Haircut $13.50$14.597.5%
Beauty Salon $38.90$34.6812.2%
Toothpaste $2.72$2.4710.0%
Shampoo $0.91$1.0211.0%
Movie $9.25$9.876.3%
Bowling $4.38$4.390.3%

Groceries

ItemOleanNational avg.Difference
Ground Beef $4.81$4.487.4%
Fried Chicken $1.29$1.4611.9%
Milk $2.88$2.3622.2%
Potatoes $2.32$3.0624.2%
Pizza $9.49$9.242.7%
Beer $8.24$8.634.6%

Health Care

ItemOleanNational avg.Difference
Optometrist $87.73$99.7812.1%
Doctor $100.67$105.034.2%
Dentist $86.70$88.702.3%
Ibuprofen $9.99$9.416.1%
Lipitor $307.99$298.503.2%

Housing

ItemOleanNational avg.Difference
Home Price $76,400.00$175,700.0056.5%
Avg. Mortgage Payment $853.58$1,081.0321.0%
Apartment Rent $669.00$920.0027.3%

Transportation

ItemOleanNational avg.Difference
Gasoline $1.78$2.0914.7%
Tire Balancing $41.66$45.298.0%

Utilities

ItemOleanNational avg.Difference
All Electricity$158.80$170.807.0%
Phone $30.61$28.268.3%
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.
Lakeside, MO097-3%
Barnett, MO20179-21%
Eldon, MO4,60184-16%
Tuscumbia, MO23784-16%
Russellville, MO78885-15%
Olean, MO11983-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Mosquito Lake, AK11911717%
Portal, ND11986-14%
Birney, MT11985-15%
Ali Chuk, AZ11977-23%
Pointe a la Hache, LA11979-21%
Olean, MO11983-17%
Source: The Olean, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.