Cost Of Living in Murphy, MO

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7%

Overall NAT. AVG.

5%

Groceries NAT. AVG.

16%

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	Murphy	Missouri	National
Cost of living	93	90	100
Groceries	95	96	100
Health care	98	97	100
Housing	84	77	100
Transportation	97	96	100
Utilities	95	95	100
Lifestyle & Entertainment	94	95	100
Household Items	98	97	100
Education & Childcare	95	95	100

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Homes For Sale In Murphy, MO

1418 Twin Trails Dr

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108 E Lark Dr

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1516 Cassie Ct

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1705 Little Brennan Rd

High Ridge, MO

Cost Of Living Quick Facts

The cost of living in Murphy is 2% higher than the Missouri average
The cost of living in Murphy is 7% lower than the national average
Murphy housing is 16% 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	$104,751	$8,729	$2,444	$3,143
Renters	$52,712	$4,393	$1,230	$1,582

To approximate the cost of living and the housing affordability in Murphy, MO, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Murphy have a median income of $104,751. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,444 per month to avoid calamity and poverty. The renters in the city have an income of about $52,712, which would make their monthly maximum allowable rental costs $1,230.

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.
Peaceful Village, MO	95	69	31.1%
East Carondelet, IL	330	78	22.2%
Wellston, MO	1,958	81	18.8%
Velda Village Hills, MO	903	82	18.0%
Velda City, MO	1,457	82	17.5%
Murphy, MO	8,702	93	7.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
West Haven-Sylvan, OR	8,699	152	52.2%
Iqaluit, NU	8,699	n/a
Miles City, MT	8,698	99	0.9%
Castlegar, BC	8,697	n/a
Brooksville, FL	8,708	87	12.6%
Murphy, MO	8,702	93	7.4%