Springfield 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.
Cost of living index8791100
Goods & Services index9999100
Groceries index10095100
Health care index9497100
Housing index6479100
Transportation index8387100
Utilities index103104100
Displayed above is a general overview of the Springfield, MO cost of living index. The overall cost of living index in Springfield, MO is 87, which is 4% lower than the Missouri average and 13% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Springfield, MO are equal to the Missouri average and 1% lower than the national average.

Did you know?

  • The cost of living in Springfield is 4% lower than the Missouri average.
  • The cost of living in Springfield is 13% lower than the national average.
  • The cost of housing in Springfield is 36% 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
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 meant to help you compare your salary in Springfield, 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 Springfield, MO, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Springfield, 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)
The affordability of the housing market in Springfield, MO as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Springfield, MO homeowners, the median income is $48,087. This indicates that a monthly maximum of $1,122 should be spent by homeowners on all housing related costs. Renters have a median income of $23,643. This indicates that renters should have a maximum of $552 used for their rent related monthly costs.

Missouri Sales Tax

StateGeneral Sales TaxWith Max Surtax

Missouri Income Tax

StateIncome Tax (Low)Income Tax (High)
The Missouri sales tax and Missouri income tax rates should definitely be considered when determining the overall cost of living in Springfield, 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

ItemSpringfieldNational 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%


ItemSpringfieldNational 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

ItemSpringfieldNational 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%


ItemSpringfieldNational avg.Difference
Home Price $106,900.00$175,700.0039.2%
Avg. Mortgage Payment $778.68$1,081.0328.0%
Apartment Rent $668.00$920.0027.4%


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


ItemSpringfieldNational 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.
Billings, MO93784-16%
Walnut Grove, MO70984-16%
Sparta, MO1,92786-14%
Clever, MO2,18588-12%
Fair Grove, MO1,68488-12%
Springfield, MO162,33387-13%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Cape Coral, FL161,8041011%
Sioux Falls, SD160,96495-5%
Peoria, AZ160,23198-2%
Pembroke Pines, FL159,9201099%
Vancouver, WA165,55411313%
Springfield, MO162,33387-13%
Source: The Springfield, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.