| Index | Excelsior Springs | Missouri | National |
| Cost of living | 91 | 90 | 100 |
| Groceries | 97 | 96 | 100 |
| Health care | 97 | 97 | 100 |
| Housing | 79 | 77 | 100 |
| Transportation | 96 | 96 | 100 |
| Utilities | 95 | 95 | 100 |
| Lifestyle & Entertainment | 96 | 95 | 100 |
| Household Items | 99 | 97 | 100 |
| Education & Childcare | 95 | 95 | 100 |
Knowing the cost of living in Excelsior Springs allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Excelsior Springs stands at 91, marking it 9% lower than the national average.
The cost of living in Excelsior Springs is about average when compared to all other cities across the nation. You can expect that everyday items like food, household expenses and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.
Is Excelsior Springs affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Excelsior Springs, for instance, where the median home price falls 21.3% lower than the national average, and monthly rent rates are 19.6% lower than usual. Additionally, median income levels contribute to the equation, with Excelsior Springs flaunting a median household income of $89,448, 10% higher than the national norm.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Excelsior Springs, healthcare costs are 2.9% lower than the national average.
Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Excelsior Springs, the groceries index is 3.4% lower than the national average.
Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Excelsior Springs, the transportation index is 4.2% lower than the national average.
The Excelsior Springs cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $107,515 | $8,960 | $2,509 | $3,226 |
| Renters | $44,952 | $3,746 | $1,049 | $1,349 |
| State | General Sales Tax | With Max Surtax |
| Missouri | 4.225% | 10.85% |
| State | Income Tax (Low) | Income Tax (High) |
| Missouri | 2% | 4.95% |
| City | Population | Cost of Living Index | National Avg. |
| River Bend, MO | 9 | 96 | 3.7% |
| Rayville, MO | 238 | 75 | 24.7% |
| Camden, MO | 206 | 76 | 23.8% |
| Excelsior Estates, MO | 310 | 78 | 21.7% |
| Polo, MO | 498 | 82 | 18.4% |
| Excelsior Springs, MO | 12,038 | 91 | 8.8% |
| City | Population | Cost of Living Index | National Avg. |
| Mango, FL | 12,034 | 99 | 1.5% |
| Largo, MD | 12,034 | 122 | 21.6% |
| Four Corners, TX | 12,032 | 107 | 7.2% |
| Winton, CA | 12,045 | 109 | 8.9% |
| Madison, IN | 12,030 | 91 | 8.9% |
| Excelsior Springs, MO | 12,038 | 91 | 8.8% |
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