Cost Of Living in Homestead, MO

Get 300+ Local Insights for Any Address in Homestead, MO

Get Access to 300+ Local Data Points

A+

17%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

47%

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	Homestead	Missouri	National
Cost of living	83	90	100
Groceries	97	96	100
Health care	97	97	100
Housing	53	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

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Cost Of Living Quick Facts

The cost of living in Homestead is 8% lower than the Missouri average
The cost of living in Homestead is 17% lower than the national average
Homestead housing is 47% 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 Homestead

See all the best places to live around Homestead

Compare Homestead, MO Cost of Living

Write a review to give others more information about this area.

See all Homestead poll results

The best places in Missouri

Here are the best places to live in Missouri

Most Dangerous Cities In The US

These are the largest cities in Missouri

Safest States In The US

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	$101,032	$8,419	$2,357	$3,031
Renters	$34,800	$2,900	$812	$1,044

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.
River Bend, MO	9	96	3.7%
Rayville, MO	238	75	24.7%
Cowgill, MO	217	77	23.3%
Camden, MO	206	76	23.8%
Excelsior Estates, MO	310	78	21.7%
Homestead, MO	166	83	16.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Beatrice, AL	166	72	28.0%
Oil Trough, AR	166	78	21.6%
Sedgwick, CO	166	93	7.3%
Dewy Rose, GA	166	102	1.9%
Alexander, IA	166	75	24.6%
Homestead, MO	166	83	16.6%