Sappington 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.
IndexSappingtonMissouriNational
Cost of living index10191100
IndexSappingtonMissouriNational
Goods & Services index9799100
Groceries index10195100
Health care index10197100
Housing index10379100
Transportation index9287100
Utilities index114104100
The above illustration supplies generalized information for the Sappington, MO cost of living index. Compared to other cities in Missouri and cities across the country, the cost of living index in Sappington, MO is 101, which is 10% higher than the Missouri average and 1% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Sappington, MO are 2% lower than the average for Missouri and 3% lower than the rest of the country.

Did you know?

  • The cost of living in Sappington is 10% higher than the Missouri average.
  • The cost of living in Sappington is 1% higher than the national average.
  • The cost of housing in Sappington is 3% 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.

Find Real Estate Listings In Sappington

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Sappington

Compare Sappington, MO Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Sappington, 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 Sappington, MO, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Sappington, 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$70,761$5,897$1,651$2,123
Renters$32,173$2,681$751$965
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Sappington, MO, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Sappington, MO has a median income of about $70,761 for people who own homes. Based on that number, a person should spend a maximum of $1,651 on expenses related to housing. Renters have a slightly different median income, which is $32,173. Based on this average, renters should spend no more than $751 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Missouri Sales Tax

StateGeneral Sales TaxWith Max Surtax
Missouri4.225%9.35%

Missouri Income Tax

StateIncome Tax (Low)Income Tax (High)
Missouri1.5%6%
For those who live in Sappington, MO and want to know what the true cost of living is, they ought to look at both the Missouri income tax rate and the Missouri sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Missouri, the sales tax is 4.225%, while the most you'll pay in surtax is 9.35%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Missouri, the income tax rate ranges between 1.5% to 6%.

Goods & Services

ItemSappingtonNational 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

ItemSappingtonNational 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

ItemSappingtonNational 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

ItemSappingtonNational avg.Difference
Home Price $185,800.00$175,700.005.7%
Avg. Mortgage Payment $711.37$1,081.0334.2%
Apartment Rent $889.00$920.003.4%

Transportation

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

Utilities

ItemSappingtonNational 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.
Peaceful Village, MO597-3%
Brooklyn, IL80779-21%
Alorton, IL1,72980-20%
Venice, IL1,75181-19%
East St. Louis, IL26,69782-18%
Sappington, MO7,3421011%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Helena Valley Southeast, MT7,34099-1%
Nuevo, CA7,34511414%
St. Louis, MI7,34782-18%
Wedgefield, FL7,3371077%
Cotati, CA7,34713939%
Sappington, MO7,3421011%
Source: The Sappington, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.