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.
Displayed above is a general overview of the Festus, MO cost of living index. The overall cost of living index in Festus, MO is 90, which is 1% lower than the Missouri average and 10% 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 Festus, MO are 2% lower than the Missouri average and 9% lower than the national average.
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The cost of living in Festus is 1% lower than the Missouri average.
The cost of living in Festus is 10% lower than the national average.
The cost of housing in Festus is 29% 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.
This is how much you would need to earn in Price difference in compared to
Cost of living index
Goods & Services index
Health care index
Use the salary calculator to compare your current salary in Festus, MO to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Festus, MO, then you would need to earn more income in order to maintain the same standard of living. To use the Festus, MO salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.
Median Income & Debt-To-Income Ratio
Max Budget (28% DTI)
Max Budget (36% DTI)
One can approximate the cost of living and the housing affordability in Festus, MO by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Festus, MO have a median income of $53,909. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,258 per month to avoid calamity and poverty. The renters in the city have an income of about $27,282, which would make their monthly maximum allowable rental costs $637.
Missouri Sales Tax
General Sales Tax
With Max Surtax
Missouri Income Tax
Income Tax (Low)
Income Tax (High)
When considering the overall cost of living expenses in Festus, MO, it's important to take into account the sales tax for Missouri, as well as the rate for income tax in Missouri. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Missouri is 10.85%, and the sales tax in the state of Missouri is 4.225%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Missouri starts from 1.5% and goes up to 6%.
Goods & Services
Avg. Mortgage Payment
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.