Rock Hill 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.
IndexRock HillMissouriNational
Cost of living index10091100
IndexRock HillMissouriNational
Goods & Services index9799100
Groceries index10195100
Health care index10197100
Housing index10179100
Transportation index9287100
Utilities index114104100
An overview of the general cost of living index for Rock Hill, MO is displayed above for your reference. Residents in Rock Hill, MO enjoy a cost of living index of 100. This index is 9% higher than the Missouri average, and equal to 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 Rock Hill, MO, the average cost of goods and services is 2% lower than it is in Missouri, and it is 3% lower than the national average.

Did you know?

  • The cost of living in Rock Hill is 9% higher than the Missouri average.
  • The cost of living in Rock Hill is equal to the national average.
  • The cost of housing in Rock Hill is 1% higher 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

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Groceries index
Health care index
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The salary calculator is used in order to provide a comparison of your current salary in Rock Hill, MO to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Rock Hill, MO, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Rock Hill, MO salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$64,423$5,369$1,503$1,933
Renters$39,896$3,325$931$1,197
One can approximate the cost of living and the housing affordability in Rock Hill, MO by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Rock Hill, MO have a median income of $64,423. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,503 per month to avoid calamity and poverty. The renters in the city have an income of about $39,896, which would make their monthly maximum allowable rental costs $931.

Missouri Sales Tax

StateGeneral Sales TaxWith Max Surtax
Missouri4.225%9.35%

Missouri Income Tax

StateIncome Tax (Low)Income Tax (High)
Missouri1.5%6%
When considering the overall cost of living expenses in Rock Hill, MO, it's important to take into account the sales tax for Missouri, as well as the rate for income tax in Missouri. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Missouri is 9.35%, and the sales tax in the state of Missouri is 4.225%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Missouri starts from 1.5% and goes up to 6%.

Goods & Services

ItemRock HillNational avg.Difference
Haircut $16.17$14.5910.8%
Beauty Salon $34.85$34.680.5%
Toothpaste $2.47$2.470.1%
Shampoo $0.87$1.0214.9%
Movie $10.46$9.876.0%
Bowling $3.64$4.3917.1%

Groceries

ItemRock HillNational avg.Difference
Ground Beef $5.69$4.4827.1%
Fried Chicken $1.99$1.4635.9%
Milk $2.61$2.3610.7%
Potatoes $2.41$3.0621.3%
Pizza $8.39$9.249.2%
Beer $7.99$8.637.4%

Health Care

ItemRock HillNational avg.Difference
Optometrist $83.00$99.7816.8%
Doctor $98.56$105.036.2%
Dentist $93.75$88.705.7%
Ibuprofen $10.71$9.4113.8%
Lipitor $306.38$298.502.6%

Housing

ItemRock HillNational avg.Difference
Home Price $170,300.00$175,700.003.1%
Avg. Mortgage Payment $711.37$1,081.0334.2%
Apartment Rent $1,002.00$920.008.9%

Transportation

ItemRock HillNational avg.Difference
Gasoline $1.86$2.0910.9%
Tire Balancing $44.70$45.291.3%

Utilities

ItemRock HillNational avg.Difference
All Electricity$164.26$170.803.8%
Phone $39.44$28.2639.6%
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.
Champ, MO11100-0%
Peaceful Village, MO597-3%
Brooklyn, IL80779-21%
Alorton, IL1,72980-20%
Venice, IL1,75181-19%
Rock Hill, MO4,635100-0%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Marlow, OK4,63580-20%
River Ridge, FL4,63598-2%
LaBelle, FL4,63389-11%
Headland, AL4,63785-15%
Sullivan, IL4,63783-17%
Rock Hill, MO4,635100-0%
Source: The Rock Hill, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.