Cost of Living in Licking, MO

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17%
Overall NAT. AVG.
2%
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 Licking Missouri National
Cost of living8390100
Groceries9896100
Health care9997100
Housing5377100
Transportation9596100
Utilities9595100
Lifestyle & Entertainment9295100
Household Items9997100
Education & Childcare9295100
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Homes For Sale In Licking, MO

property for sale

13033 Shafer Rd

Licking, MO
property for sale

122 Sackett St

Licking, MO
property for sale

327 Walker St

Licking, MO
property for sale

233 Kirkman St

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

Cost Of Living Quick Facts

  • The cost of living in Licking is 8% lower than the Missouri average
  • The cost of living in Licking is 17% lower than the national average
  • Licking 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 Licking

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Compare Licking, MO Cost of Living

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      Salary Calculator

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      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$47,325$3,944$1,104$1,420
      Renters$32,062$2,672$748$962

      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.
      Raymondville, MO6487822.2%
      Edgar Springs, MO1558317.0%
      Houston, MO3,0038317.3%
      Licking, MO2,7048317.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Enniskillen, ON2,704n/a 
      Fairmont, NC2,7038614.3%
      Lauderdale, MN2,7051077.1%
      Freemansburg, PA2,7051054.6%
      Reno city (Parker and Tarrant Counties), TX2,7058910.7%
      Licking, MO2,7048317.0%
      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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