Missouri by the numbers

A decision-oriented profile: what it costs to live here, what the job market looks like, and how it stacks up against where you are now. Every figure links to its official source.

Price level (all items)90.8−9.2% vs US avg · rank 39/51 BEA RPP SARPPSource: BEA Regional Price Parities · SARPP · 2024 vintage · released February 2026 · Official API
Unemployment3.8%May 2026 (prelim.) BLS LAUS LAUSSource: BLS Local Area Unemployment Statistics · LAUS · May 2026 vintage · released May 2026 · Official API
Median rent$1,033/moCensus ACS ACS5Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API
Median home value$230,300Census ACS ACS5Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API

The bottom line on Missouri

The cost-of-living picture

Overall prices in Missouri run at 90.8 on the BEA index, where 100 is the US average — among the most affordable states in the country. That puts it 9% below the national level, the 13th-cheapest state of 51. The single biggest factor is housing rents, which sits at 69.9 — 30% below the national norm.

Housing

The typical renter pays $1,033 a month — 27% below the national median of $1,413, the 41st-highest rent in the country. Buying is a bigger gap: the median home is worth $230,300, 31% below the national median. 68.1% of homes are owner-occupied, making it an ownership-heavy state. Renters here spend a median 28.1% of their income on rent, within the range usually considered affordable.

Do paychecks keep up with prices?

Median household income is $70,702, the 41st-highest of 51 states. But income only matters relative to prices: adjusted for local costs, that is worth $77,866 in national-average terms. Because costs are low, Missouri punches above its paycheck: it climbs from 41st in raw income to 34th once you adjust for prices.

The tax trade-off

Income is taxed through graduated brackets, topping out at 4.70%. Combined sales tax averages 8.44%. The two roughly offset, leaving a middle-of-the-pack tax profile. (Tax figures are hand-verified from the Tax Foundation and dated on the page below.)

The job market

Unemployment stands at 3.8% (May 2026), 10% below the national 4.2%. That tracks the national labor market closely. It is also the one figure here that refreshes monthly, rather than annually.

Every figure above is drawn from the sourced data on this page — no estimates, no filler.

What it costs to live here

Price level by component, 100 = US average. Higher means more expensive than the national average.

Regional price parity by component for Missouri.
ComponentMissourivs US avg
All items90.8−9.2%
Housing rents69.9−30.1%
Goods96.3−3.7%
Utilities79.4−20.6%
Other services95.2−4.8%

BEA Regional Price Parities · SARPP · 2024 · rel. February 2026 · Official API

Housing & income (ACS)

Median gross rent$1,033/mo
Median home value$230,300
Median household income$70,702/yr
Homeownership rate68.1%
Median rent as % of income28.1%
Median owner costs as % of income16.0%

US Census ACS 5-Year Estimates · ACS5 · 2024 · rel. December 2025 · Official API

The job market

The seasonally-adjusted unemployment rate in Missouri is 3.8% as of May 2026 (preliminary). This is the one figure here that updates monthly.

BLS Local Area Unemployment Statistics · LAUS · May 2026 · rel. May 2026 · Official API

How Missouri has changed since 2005

Home prices (FHFA index)

Home prices in Missouri are up 98% since 2005 (FHFA index). That's roughly in line with the 97% rise nationally over the same period.

310490671200520162026567
Missouri United States
Data table
YearMissouriUS
2005286363
2006296379
2007297375
2008289348
2009279330
2010276324
2011270313
2012268315
2013268328
2014277345
2015288362
2016300382
2017313403
2018329422
2019347444
2020367471
2021427556
2022473617
2023507649
2024537685
2025559708
2026567713

Unemployment rate

State unemployment peaked at 9.4% in 2010 and stands at 3.9% today — a long recovery from that high.

1%5%9%2005201620263.9%
Missouri United States
Data table
YearMissouriUS
20055.4%5.1%
20064.9%4.6%
20075.1%4.6%
20086.2%5.8%
20099.1%9.3%
20109.4%9.6%
20118.6%8.9%
20127.1%8.1%
20136.8%7.4%
20146.2%6.2%
20155.1%5.3%
20164.6%4.9%
20173.8%4.4%
20183.2%3.9%
20193.2%3.7%
20206.2%8.1%
20214.1%5.4%
20222.6%3.7%
20233.1%3.6%
20243.7%4%
20254%4.3%
20263.9%4.3%

FRED (FHFA House Price Index & state unemployment) · FRED · through 2026 · rel. continuously updated · Official API

What you'd pay in tax

Hand-curated · last verified 2026-07-20 · tax year 2026
Individual income tax4.70% top rate (graduated)
Sales tax (state)4.22%
Sales tax (combined avg)8.44%

Tax Foundation — 2026 State Individual Income Tax Rates and Brackets · Income · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20

Tax Foundation — State and Local Sales Tax Rates, 2026 · Sales · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20

Compare taxes across all states →

How it compares to where you are now

See how far your income would go here versus your current state — adjusted for what things actually cost.

Compare your income in Missouri →

Where Missouri ranks

Sources for every figure on this page

Occupation wages and a full tax profile for Missouri are being added. See the methodology →