Cost Of Living in Homestown, MO

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32%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

95%

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	Homestown	Missouri	National
Cost of living	68	90	100
Groceries	98	96	100
Health care	93	97	100
Housing	5	77	100
Transportation	91	96	100
Utilities	94	95	100
Lifestyle & Entertainment	93	95	100
Household Items	99	97	100
Education & Childcare	91	95	100

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Cost Of Living Quick Facts

The cost of living in Homestown is 25% lower than the Missouri average
The cost of living in Homestown is 32% lower than the national average
Homestown housing is 95% 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

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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	$109,627	$9,136	$2,558	$3,289
Renters	$27,712	$2,309	$647	$831

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.
Bragg City, MO	136	94	5.6%
Tallapoosa, MO	99	72	28.2%
Hayti Heights, MO	369	73	27.1%
Hayward, MO	81	76	23.8%
Marston, MO	547	76	23.6%
Homestown, MO	59	68	32.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Northway Junction, AK	59	98	1.8%
Pelican, AK	59	102	1.9%
Amagon, AR	59	72	27.6%
Santa Cruz, AZ	59	102	2.4%
Ventana, AZ	59	103	3.1%
Homestown, MO	59	68	32.3%