Cost of Living in Fayette, MO

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14%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
39%
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 Fayette Missouri National
Cost of living8690100
Groceries9996100
Health care9597100
Housing6177100
Transportation9896100
Utilities9795100
Lifestyle & Entertainment9695100
Household Items9697100
Education & Childcare9895100
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Homes For Sale In Fayette, MO

property for sale

807 State Route DD

Fayette, MO
property for sale

2 County Road 208

Fayette, MO
property for sale

400 S Park Ave

Fayette, MO
property for sale

2 Cooper St

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

Cost Of Living Quick Facts

  • The cost of living in Fayette is 4% lower than the Missouri average
  • The cost of living in Fayette is 14% lower than the national average
  • Fayette housing is 39% 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 Fayette

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Compare Fayette, MO Cost of Living

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      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$76,362$6,364$1,782$2,291
      Renters$37,402$3,117$873$1,122

      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.
      Franklin, MO127972.7%
      Armstrong, MO2697722.9%
      New Franklin, MO1,0568218.3%
      Higbee, MO6098217.9%
      Renick, MO1578217.6%
      Fayette, MO2,7768613.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Bicknell, IN2,7768019.9%
      Evendale, OH2,77611919.2%
      Grundy Center, IA2,7758911.3%
      Rogers City, MI2,7758317.2%
      Emerson-Franklin, MB2,775n/a 
      Fayette, MO2,7768613.6%
      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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