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 identifies its source and vintage.

Price level (all items)90.8−9.2% vs US avg · rank 39/51 BEA RPP SARPP. Source: BEA Regional Price Parities · SARPP · 2024 vintage · released February 19, 2026 · Official API
Unemployment3.6%July 2026 (prelim.) BLS LAUS LAUS. Source: BLS Local Area Unemployment Statistics · LAUS · July 2026 vintage · released Aug. 21, 2026 · Official API
Median rent$1,033/moCensus ACS ACS5. Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API
Median home value$230,300Census ACS ACS5. Source: 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. The statewide median gross-rent-to-income ratio is 28.1%, below the commonly used 30% cost-burden threshold. Owner-occupied homes report median real estate taxes of $1,948 a year; that figure is context for owners, not a household-specific tax quote.

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%. These headline rates do not by themselves measure a household's total tax burden. (Tax figures are hand-verified from the Tax Foundation and dated on the page below.)

The job market

Unemployment stands at 3.6% (July 2026), 0.5 percentage points below the national rate of 4.1%. 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 published data on this page. Missing values are never modeled or filled in.

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 19, 2026 · Official API

Housing & income (ACS)

Median gross rent$1,033/mo ±$6
Median home value$230,300 ±$880
Median household income$70,702/yr ±$325
Homeownership rate68.1%
Median rent as % of income28.1% ±0.2%
Median owner costs as % of income16.0% ±0.2%
Median real estate taxes paid$1,948/yr ±$11

The ± values are Census 90% margins of error. Property-tax figures cover owner-occupied homes and are not estimates for a particular property.

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

The job market

The seasonally-adjusted unemployment rate in Missouri is 3.6% as of July 2026 (preliminary). This is the one figure here that updates monthly.

BLS Local Area Unemployment Statistics · LAUS · July 2026 · rel. Aug. 21, 2026 · Official API

How much prices vary within Missouri

BEA metro price levels for metropolitan areas that include part of Missouri. Cross-state metros may appear in more than one state.

Metro areaAll itemsHousing rentsvs US
Joplin, MO-KS85.754.0−14.3%
Cape Girardeau, MO-IL86.156.4−13.9%
St. Joseph, MO-KS86.455.4−13.6%
Jefferson City, MO88.062.1−12.0%
Springfield, MO88.665.6−11.4%
Columbia, MO89.469.2−10.6%
Kansas City, MO-KS92.586.6−7.5%
St. Louis, MO-IL95.179.0−4.9%

BEA Regional Price Parities by metro area · MARPP · 2024 · rel. February 19, 2026 · Official API

Compare all US metro areas →

How the statewide price level has changed

BEA Regional Price Parity over time. This shows prices relative to the US average in each year; it is not a consumer-price inflation series.

89.091.093.020082016202490.8
Data table
YearMissouri
200888.4
200990.5
201093.1
201192.5
201292.4
201392.8
201493.4
201592.3
201691.7
201791.7
201891.8
201992.5
202092.2
202192.0
202291.0
202391.1
202490.8

BEA Regional Price Parities · SARPP · 2024 · rel. February 19, 2026 · Official API

Housing and jobs over complete calendar years

Home prices (FHFA index)

Home prices in Missouri are up 95% since 2005 (FHFA index). That's roughly in line with the 95% rise nationally over the same period.

309487666200520152025559
Missouri United States
Data table
YearMissouriUS
2005286362
2006296379
2007297375
2008289348
2009279330
2010276324
2011270313
2012268315
2013268328
2014277345
2015288362
2016300382
2017314403
2018329422
2019347443
2020367471
2021427556
2022473616
2023506648
2024536683
2025559707

Unemployment rate

The annual unemployment rate peaked at 9.4% in 2010; the latest complete-year average is 3.7% for 2024 — a long recovery from that high.

1%5%9%2005201520243.7%
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%

FRED (FHFA House Price Index & state unemployment) · FRED · through 2024 · 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 are available for selected roles in the salary comparison. See the methodology →