Are you looking for an affordable place to live in Missouri? You’re in luck! Missouri is known for its low cost of living, making it an attractive destination for individuals and families alike. In fact, it ranks sixth in the nation for the lowest cost of living.
Whether you’re a young professional starting your career, a family looking for a friendly community, or a retiree seeking a peaceful retirement, Missouri offers a variety of budget-friendly options. From the bustling city of St. Louis to the serene town of Poplar Bluff, there’s a place for everyone in the Show Me State.
Key Takeaways:
- Missouri offers a low cost of living, making it an affordable place to call home.
- Cities like Joplin, St. Louis, Springfield, Kansas City, and Columbia are among the best and cheapest places to live in Missouri.
- Consider factors like affordability and quality of life when choosing where to live in Missouri.
- There are plenty of options for families, young professionals, retirees, and nature lovers.
- Take advantage of the affordable housing options and amenities available throughout the state.
Best Places to Live in Missouri
When considering where to live in Missouri, it’s important to find a place that suits your needs and preferences. Some people may prefer the vibrant city life of St. Louis, while others may be more drawn to the tranquility of smaller towns like Poplar Bluff. Here are some of the best places to live in Missouri for families, young professionals, retirees, and nature lovers, taking into account factors like affordability and quality of life.
1. St. Louis
St. Louis offers a dynamic city experience with its rich history, diverse culture, and thriving arts scene. It is home to world-class attractions such as the Gateway Arch, Forest Park, and the St. Louis Zoo. With a median home price of $167,400, St. Louis provides affordable living options for residents. The city offers a variety of neighborhoods, each with a unique character and amenities to cater to different preferences.
2. Kansas City
Kansas City combines Midwestern charm with a vibrant arts and culinary scene. Known for its barbecue, jazz music, and fountains, the city offers a blend of historical landmarks, urban attractions, and outdoor spaces. The median home price in Kansas City is $179,800, making it an affordable place to call home.
3. Columbia
Columbia is a college town with a lively atmosphere and ample recreational opportunities. Home to the University of Missouri, the city offers a vibrant downtown area, parks, and a thriving arts scene. The median home price in Columbia is $194,000, providing residents with affordable housing options.
4. Springfield
Springfield is a family-friendly city known for its natural beauty and friendly community. Surrounded by picturesque landscapes, the city offers outdoor activities like hiking, fishing, and wildlife viewing. The median home price in Springfield is $154,300, making it one of the most affordable places to live in Missouri.
5. Chesterfield
Chesterfield, located in the western suburbs of St. Louis, offers a suburban lifestyle with access to urban amenities. The city boasts excellent schools, shopping centers, and recreational facilities. The median home price in Chesterfield is $367,400, reflecting the area’s higher-end housing options.
| City | Median Home Price |
|---|---|
| St. Louis | $167,400 |
| Kansas City | $179,800 |
| Columbia | $194,000 |
| Springfield | $154,300 |
| Chesterfield | $367,400 |
Affordable Places to Live in Missouri
If you’re looking to live in Missouri on a budget, there are several affordable places to consider. These locations offer a lower cost of living compared to the national average, making them budget-friendly choices for residents. Here are some of the top affordable places to live in Missouri:
Joplin
Joplin is a city in southwest Missouri known for its strong sense of community and affordable housing options. The cost of living in Joplin is below the national average, making it an attractive choice for those looking for affordability.
St. Louis
St. Louis is a vibrant city with a rich history and a diverse array of neighborhoods. Despite being a major metropolitan area, the cost of living in St. Louis is relatively low compared to other cities of its size.
Springfield
Springfield is the third-largest city in Missouri and offers a range of amenities and attractions. With a cost of living below the national average, Springfield provides residents with affordable housing options and a high quality of life.
Kansas City
Kansas City is a bustling metropolis with a thriving arts and culture scene. Despite its urban vibe, the cost of living in Kansas City is affordable, making it an attractive option for those seeking an affordable city lifestyle.
Columbia
Columbia is a college town with a lively atmosphere and a strong sense of community. The cost of living in Columbia is below the national average, offering residents affordable housing and a range of cultural and recreational opportunities.
These affordable places to live in Missouri offer a combination of affordability, amenities, and a high quality of life. Whether you’re a young professional, a family looking for a budget-friendly location, or someone looking to retire on a budget, these cities provide options that won’t break the bank.
Cost of Living in Joplin
Joplin, Missouri is known for its affordability, making it an attractive place to live for those looking to stretch their dollars. With a cost of living that is 20% below the national average, Joplin residents enjoy a lower overall cost of living compared to many other cities in the country.
The median household income in Joplin is $46,849, allowing residents to comfortably cover their expenses while still having money left over for savings and leisure activities. The cost of housing in Joplin is particularly affordable, with housing prices below the national average.
Here is a breakdown of the cost of living in Joplin:
| Expense Category | Cost in Joplin | National Average | Joplin as % of National Average |
|---|---|---|---|
| Housing | $925 | $1,117 | 82% |
| Utilities | $133 | $149 | 89% |
| Groceries | $269 | $287 | 94% |
| Transportation | $437 | $449 | 97% |
| Healthcare | $348 | $369 | 94% |
| Goods and Services | $329 | $353 | 93% |
In Joplin, the cost of living for housing, utilities, groceries, transportation, healthcare, and goods and services is 82% of the national average.
Joplin offers a high quality of life at an affordable price. Residents can enjoy the city’s parks, cultural attractions, and friendly community without breaking the bank.
Cost of Living in St. Louis
St. Louis, Missouri is a vibrant city that offers a high quality of life at an affordable cost. With a cost of living that is 86% of the national average, residents can enjoy the benefits of urban living without breaking the bank. The median household income in St. Louis is $48,751, providing residents with a decent income to support their lifestyle.
When it comes to housing, St. Louis offers a range of options to suit different budgets. Whether you’re looking to rent or buy, you’ll find affordable options in various neighborhoods across the city. The cost of housing in St. Louis is 86% of the national average, making it an accessible choice for those looking for a place to call home.
Utilities, groceries, transportation, healthcare, and goods and services in St. Louis are also reasonably priced, with costs that are 86% of the national average. This means that everyday essentials and services are more affordable compared to other cities.
St. Louis is home to a diverse range of attractions and amenities, from world-class museums and cultural institutions to a thriving food scene and outdoor recreational opportunities. Residents can enjoy the city’s parks, entertainment venues, and festivals without breaking the bank.
Overall, St. Louis offers a cost of living that allows residents to enjoy the benefits of a major city at a more affordable price. With a median household income that supports a comfortable lifestyle and reasonable costs for housing, utilities, and everyday expenses, St. Louis is an attractive place to live for young professionals and families.
| Category | Cost of Living in St. Louis | National Average |
|---|---|---|
| Housing | 86% | 100% |
| Utilities | 86% | 100% |
| Groceries | 86% | 100% |
| Transportation | 86% | 100% |
| Healthcare | 86% | 100% |
| Goods and Services | 86% | 100% |
Note: The percentages indicate the cost of living in St. Louis compared to the national average.
Cost of Living in Springfield
When it comes to affordable places to live in Missouri, Springfield shines as an excellent option. This city offers a desirable combination of outdoor attractions and quality schools, making it an attractive choice for families and individuals alike. With a cost of living index of 87% of the national average, Springfield provides residents with an affordable place to call home.
The median household income in Springfield is $39,991, providing a solid foundation for a comfortable lifestyle. From affordable housing options to lower expenses on utilities, groceries, transportation, healthcare, and goods and services, Springfield residents can enjoy a more affordable cost of living compared to many other cities in the United States.
If you’re considering a move to Springfield, rest assured that your hard-earned dollars will go further, allowing you to enjoy the city’s many amenities and attractions without breaking the bank.
Outdoor Attractions in Springfield
Springfield is renowned for its picturesque natural landscapes and outdoor activities. The city boasts an abundance of parks, including the beautiful Nathanael Greene/Close Memorial Park, with its walking trails, lake, and well-maintained picnic areas. Enjoy a day out with family and friends, soaking up the sunshine and immersing yourself in nature.
For nature lovers, the nearby Ozark Mountains offer breathtaking views and the opportunity for hiking, camping, and exploring stunning caves and waterfalls. The region’s diverse flora and fauna provide endless opportunities for outdoor adventures and wildlife sightings.
Quality Schools in Springfield
Springfield is home to a range of quality schools, ensuring that families can provide their children with a top-notch education. The Springfield Public School District offers a wide variety of educational programs and resources to meet the needs of students at all levels.
Additionally, Springfield is home to several esteemed private schools, providing families with additional options for their children’s education. With a strong emphasis on academics and extracurricular activities, these schools offer a well-rounded educational experience.
Cost of Living in Kansas City
Kansas City, Missouri is a bustling city with a wide range of amenities and attractions. Whether you’re looking for vibrant nightlife, delicious cuisine, or diverse cultural experiences, Kansas City has something to offer for everyone. And the best part? The cost of living in Kansas City is relatively affordable, making it an attractive place to call home.
According to the Kansas City cost of living index, the overall cost of living in Kansas City is 95% of the national average. This means that residents can enjoy a high standard of living without breaking the bank. From housing to groceries, transportation to healthcare, the cost of essential goods and services in Kansas City is on par with the national average.
The median household income in Kansas City is $60,042, providing residents with a decent income to support their lifestyle. With affordable housing options, including apartments, condos, and single-family homes, individuals and families can find a place to live that fits their budget.
But it’s not just about affordability. Kansas City offers a vibrant and dynamic lifestyle, with a thriving arts scene, sports teams, and a variety of recreational activities. From visiting the famous Kansas City Zoo to exploring the vibrant Power & Light District, there’s no shortage of things to see and do.
So, if you’re looking for a place to live that combines affordability with a high quality of life, look no further than Kansas City. With its diverse range of amenities, attractions, and affordable cost of living, this city is truly a hidden gem in the heart of Missouri.
In the next section, we’ll explore the cost of living in Columbia, another affordable city in Missouri.
Cost of Living in Columbia
Columbia, Missouri is a college town with a vibrant culture and plenty of outdoor spaces to enjoy. Located in the heart of the state, Columbia offers residents a mix of urban amenities and natural beauty. But what about the cost of living in this charming city? Let’s explore the affordability of living in Columbia.
When it comes to the cost of living, Columbia fares well compared to the national average. With a cost of living index of 95%, residents can enjoy a lower overall cost of living. This means that expenses such as housing, utilities, groceries, transportation, healthcare, and goods and services in Columbia are 5% below the national average.
For those considering a move to Columbia, it’s important to consider the economic aspect as well. The median household income in Columbia is $57,463, providing a stable financial foundation for residents.
One of the key factors contributing to the affordability of living in Columbia is reasonably priced housing options. Whether you’re looking to rent or buy, you’ll find a range of choices that fit various budgets. This allows residents to find housing that meets their needs without breaking the bank.
As for daily expenses, residents can expect to find affordable utilities, groceries, transportation, healthcare, and other goods and services. This means that maintaining a comfortable lifestyle in Columbia is within reach for many individuals and families.
Whether you’re a student, a young professional, or someone looking for a tight-knit community, Columbia offers an attractive cost of living that allows for a balanced lifestyle. With a thriving economy and a lower-than-average cost of living, Columbia presents itself as an affordable option for those seeking a vibrant city with natural beauty.
So, if you’re considering a move to Missouri, don’t overlook the city of Columbia. You’ll find an affordable cost of living, a welcoming community, and a wealth of opportunities to enjoy everything this college town has to offer.
Best Places for Families to Live in Missouri
Families looking to make a home in Missouri have several great options to choose from. Wildwood, Clayton, Ladue, Ballwin, and Jennings are among the top places for families to live in Missouri, offering a combination of affordable housing, access to schools, and amenities for families. These cities provide a safe and family-friendly environment for residents of all ages.
Family-Friendly Cities in Missouri
When it comes to finding the best places for families to live in Missouri, these cities stand out:
- Wildwood: Known for its excellent schools and outdoor recreational opportunities, Wildwood is a top choice for families looking to live in a suburban area with access to big-city amenities.
- Clayton: Located in St. Louis County, Clayton offers top-rated schools, a low crime rate, and a variety of family-friendly activities, including parks, museums, and community events.
- Ladue: Known for its prestigious schools and beautiful neighborhoods, Ladue provides a safe and welcoming environment for families, with plenty of parks and recreational opportunities.
- Ballwin: With its vibrant community spirit, excellent schools, and affordable housing options, Ballwin is a popular choice for families seeking a close-knit suburban community.
- Jennings: Offering affordable housing and a range of family-friendly amenities, Jennings provides a welcoming community for families looking to settle down in Missouri.
These cities prioritize family-friendly environments and offer a variety of activities and amenities suitable for residents of all ages. Whether it’s access to good schools, parks, or community events, these cities have something to offer every member of the family.
Most Affordable Cities in Missouri
Looking to find an affordable place to live in Missouri? You’re in luck! Missouri is home to several cities that offer a lower cost of living compared to the state average. These cities provide residents with affordable housing options and a range of amenities, making them ideal for budget-conscious individuals and families.
Kennett
Located in the southeastern part of the state, Kennett offers a median home price and cost of living that is well below the state average. This means you can enjoy a high quality of life without breaking the bank. With its friendly community and charming small-town atmosphere, Kennett is a great place to call home.
Poplar Bluff
If you’re looking for a tranquil and affordable place to live, Poplar Bluff should be on your radar. Situated in the southeastern region of Missouri, this city boasts a low cost of living and affordable housing options. Enjoy the natural beauty of the area and take advantage of the numerous outdoor recreational opportunities available.
Sikeston
Sikeston is another affordable city in Missouri that offers a low cost of living. Located in the southeastern part of the state, Sikeston provides residents with affordable housing options and a variety of amenities. Whether you’re interested in outdoor activities or cultural attractions, Sikeston has something for everyone.
Jennings
Jennings, located in the St. Louis metropolitan area, is a budget-friendly city that offers a lower cost of living compared to other parts of the state. With affordable housing options and proximity to major attractions and employment opportunities, Jennings is an attractive choice for those seeking affordability and convenience.
Carthage
Nestled in the southwestern part of Missouri, Carthage is a charming city known for its historic architecture and friendly community. The cost of living in Carthage is below the state average, making it a great choice for those looking for an affordable place to live. With its rich history and affordable housing options, Carthage has something for everyone.
These cities in Missouri offer residents a lower cost of living, affordable housing options, and a range of amenities. Whether you’re looking for a tranquil small town or a city with a vibrant cultural scene, Missouri has something to suit your budget and lifestyle.
When searching for the most affordable cities in Missouri, consider the specific needs and preferences of you and your family. Take into account factors such as job opportunities, education, healthcare, and quality of life. By choosing one of these affordable cities, you can enjoy all that Missouri has to offer without breaking the bank.
Cities with the Best Home Price to Income Ratio
When it comes to finding affordable housing in Missouri, some cities offer a better home price to income ratio. This means that residents can get more home for their money, making these cities attractive options for those looking for affordable housing. Among the cities with the best home price to income ratio in Missouri are Florissant, St. Ann, and Jennings.
These cities have a lower median home price compared to the median household income, allowing residents to invest in affordable properties without stretching their finances too thin. The favorable home price to income ratio in these cities makes it easier for individuals and families to achieve their dream of homeownership while maintaining financial stability.
Choosing a city with a good home price to income ratio not only benefits residents financially but also provides them with the opportunity to enjoy the benefits of living in vibrant communities. From strong local economies to quality schools and diverse entertainment options, these cities offer a high quality of life without the burden of high housing costs.
If you’re searching for affordable housing in Missouri, consider exploring these cities with the best home price to income ratio. By doing so, you can find a place to call home that aligns with your budget and lifestyle needs.
Cities with the Best Home Price to Income Ratio
| City | Median Home Price | Median Household Income |
|---|---|---|
| Florissant | $167,000 | $56,516 |
| St. Ann | $99,900 | $49,547 |
| Jennings | $42,500 | $33,982 |
Conclusion
In conclusion, Missouri is a fantastic state to live in, offering a wide range of affordable and attractive places to call home. With cities like Joplin, St. Louis, Springfield, Kansas City, and Columbia, residents can enjoy a lower cost of living compared to the national average. Whether you’re a family, a young professional, a retiree, or a nature lover, Missouri has something to offer for everyone.
When deciding where to live in Missouri, it’s important to consider your budget and lifestyle preferences. If you enjoy the hustle and bustle of city life, St. Louis or Kansas City might be perfect for you. On the other hand, if you prefer a quieter and more serene environment, smaller towns like Joplin or Columbia could be the ideal choice.
Take advantage of the affordable housing options and amenities available in Missouri. The state provides a great quality of life at a fraction of the cost compared to other parts of the country. So, whether you’re looking for the best bang for your buck or simply want to live comfortably within your means, Missouri has you covered.
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Source Links
- https://www.sofi.com/best-affordable-places-to-live-in-missouri/
- https://www.newhomesource.com/learn/affordable-cities-missouri/
- https://www.redfin.com/blog/affordable-places-to-live-in-missouri/
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