Cost of Living in Springfield, MO
2024 data from the Bureau of Economic Analysis
Cost Index
88.6
11.4% below avg
Housing Index
65.6
Median Income
$58,291
Median Rent
$881/mo
Cost Breakdown
Overall88.6 (-11.4%)
Housing65.6 (-34.4%)
Goods94.2 (-5.8%)
Utilities85.8 (-14.2%)
Other Services93.0 (-7.0%)
National average = 100
Income & Housing
Median Household Income
$58,291/year
Median Home Value
$191,500
Median Monthly Rent
$881/mo
Per Capita Income
$32,500/year
Compare Springfield, MO With
Springfield, MO vs Owensboro, KYSpringfield, MO vs Macon, GASpringfield, MO vs Hickory, NCSpringfield, MO vs Goldsboro, NCSpringfield, MO vs Charleston, WVSpringfield, MO vs Decatur, ILSpringfield, MO vs Huntington, WVSpringfield, MO vs Greenville, NCSpringfield, MO vs Duluth, MNSpringfield, MO vs Beckley, WV
Frequently Asked Questions
Is Springfield, MO expensive to live in?
Springfield, MO has a cost of living index of 88.6, which is 11.4% below the national average.
How much does housing cost in Springfield, MO?
Housing costs in Springfield, MO are indexed at 65.6 compared to the national average of 100. The median monthly rent is $881.
What is the average income in Springfield, MO?
The median household income in Springfield, MO is $58,291 per year.
What is the average home price in Springfield, MO?
The median home value in Springfield, MO is $191,500.