Cost of Living in Caruthersville, MO

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14%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
40%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Caruthersville Missouri National
Cost of living8690100
Groceries9996100
Health care9797100
Housing6077100
Transportation9496100
Utilities9695100
Lifestyle & Entertainment9695100
Household Items10197100
Education & Childcare10195100
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Homes For Sale In Caruthersville, MO

property for sale

910 State Highway U

Caruthersville, MO
property for sale

802 Beckwith Ave

Caruthersville, MO
property for sale

410 E 8th St

Caruthersville, MO
property for sale

939 Grand Ave

Caruthersville, MO
See the Newest Homes For Sale In Caruthersville, MO

Cost Of Living Quick Facts

  • The cost of living in Caruthersville is 5% lower than the Missouri average
  • The cost of living in Caruthersville is 14% lower than the national average
  • Caruthersville housing is 40% lower than the national average
  • Missouri general sales tax is 17% lower than the national average
  • Missouri state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Caruthersville

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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
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$87,722$7,310$2,047$2,632
      Renters$25,355$2,113$592$761
      A good way to judge both the affordability of the housing and the cost of living in Caruthersville is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Caruthersville has a median income of about $87,722 for people who own homes. Based on that number, a maximum of $2,047 should be spent on expenses related to housing. Renters have a slightly different median income, which is $25,355. Based on this average, renters should spend no more than $592 on all rental costs if they want to maintain a non-impoverished standard of living.

      Missouri Sales Tax

      State General Sales Tax With Max Surtax
      Missouri 4.225% 10.85%

      Missouri Income Tax

      State Income Tax (Low) Income Tax (High)
      Missouri 2% 4.95%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Bragg City, MO136945.6%
      Homestown, MO596832.3%
      Holland, MO1447327.5%
      Hayti Heights, MO3697327.1%
      Hayward, MO817623.8%
      Caruthersville, MO5,7048613.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Byron, MN5,7041088.3%
      Lake Bluff, IL5,70316665.8%
      McKenzie, TN5,7098613.8%
      Cookshire-Eaton, QC5,709n/a 
      Franklin Center, NJ5,69715050.3%
      Caruthersville, MO5,7048613.7%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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