| Index | Fort Leonard Wood | Missouri | National |
| Cost of living | 107 | 90 | 100 |
| Groceries | 98 | 96 | 100 |
| Health care | 99 | 97 | 100 |
| Housing | 133 | 77 | 100 |
| Transportation | 95 | 96 | 100 |
| Utilities | 95 | 95 | 100 |
| Lifestyle & Entertainment | 92 | 95 | 100 |
| Household Items | 99 | 97 | 100 |
| Education & Childcare | 92 | 95 | 100 |

The cost of living in Fort Leonard Wood affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Fort Leonard Wood is 107, which is 7% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
In Fort Leonard Wood, daily expenses such as food, housing, lifestyle expenses, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Fort Leonard Wood will resemble that of an average city, contributing to a manageable cost of living.
Housing costs make up a big chunk of the cost of living in Fort Leonard Wood, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 32.8% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Is Fort Leonard Wood affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Fort Leonard Wood, the median home price is 100% lower than the national average and monthly rent prices are 32.8% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Fort Leonard Wood boasting a median household income of $86,806, 6.7% higher than the national average.
Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In Fort Leonard Wood, the transportation index stands at 5.2% lower than the national average.
Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Fort Leonard Wood, the general sales tax rate starts at 4.225%, and income tax rates begin at 2%.
Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Fort Leonard Wood, healthcare costs are 1.3% lower than the national average.
The Fort Leonard Wood cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
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| Groceries index | |
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| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $0 | $0 | $0 | $0 |
| Renters | $86,510 | $7,209 | $2,018 | $2,596 |
| 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. |
| Newburg, MO | 297 | 76 | 23.7% |
| Richland, MO | 2,455 | 83 | 17.5% |
| Plato, MO | 59 | 88 | 12.5% |
| Waynesville, MO | 5,458 | 97 | 3.3% |
| St. Robert, MO | 6,320 | 97 | 2.6% |
| Fort Leonard Wood, MO | 15,080 | 107 | 7.0% |
| City | Population | Cost of Living Index | National Avg. |
| Ferndale, WA | 15,070 | 127 | 26.5% |
| Callaway, FL | 15,068 | 99 | 0.7% |
| Spring Creek, NV | 15,068 | 114 | 14.2% |
| California, MD | 15,094 | 125 | 25.3% |
| Whitewater, WI | 15,063 | 96 | 4.0% |
| Fort Leonard Wood, MO | 15,080 | 107 | 7.0% |