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Cost of Living Data Series
From State of Missouri, Economic Research and Information Center, January, 2021
Missouri had the 5th lowest cost of living in the United States for the 3rd quarter in 2020. In general, the most expensive areas to live were Hawaii, Alaska, the Northeast, and the West Coast. The least expensive areas were the Midwest and Southern states. For the past 15 quarters, Missouri has been in the top 10 for lowest cost of living in the nation.
MERIC derives the cost of living index for each state by averaging the indices of participating cities and metropolitan areas in that state. Missouri’s cost of living index for the 3rd quarter in 2020 was 88.9.
Cities across the nation participate in the Council for Community & Economic Research (C2ER) survey on a volunteer basis. Price information in the survey is governed by C2ER collection guidelines which strive for uniformity.
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2020 Average Q3 2020 Cost of Living
State |
Hawaii |
US |
Rank |
52 |
*** |
Index |
196.3 |
100 |
Grocery |
167.7 |
100 |
Housing |
336.3 |
100 |
Utilities |
189.5 |
100 |
Transportation |
138.8 |
100 |
Health |
117.1 |
100 |
Misc. |
125.3 |
100 |
|