Cost of Living in Parkway, MO

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10%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
23%
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 Parkway Missouri National
Cost of living9090100
Groceries9596100
Health care9797100
Housing7777100
Transportation9896100
Utilities9395100
Lifestyle & Entertainment9795100
Household Items9797100
Education & Childcare9295100
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Cost Of Living Quick Facts

  • The cost of living in Parkway is equal to the Missouri average
  • The cost of living in Parkway is 10% lower than the national average
  • Parkway housing is 23% 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 Parkway

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Compare Parkway, MO Cost of Living

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      Transportation index
      Utilities index
      Lifestyle index
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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$82,292$6,858$1,920$2,469
      Renters$52,833$4,403$1,233$1,585

      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.
      Charmwood, MO10964.3%
      Leslie, MO758020.3%
      Lake Tekakwitha, MO2808217.6%
      Bourbon, MO1,9258416.0%
      Oak Grove Village, MO4938614.1%
      Parkway, MO6569010.0%

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      Bunker Hill, IN6568019.6%
      Waverly, KS6568119.1%
      Parkway, MO6569010.0%
      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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