from the Missouri Economic Research and Information Center
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.
All of the participating Missouri cities had a composite index below the national average for the 3rd quarter 2020. The city with the lowest cost of living index for 3rd quarter 2020 was Joplin, with an index of 81.6. The city with the highest cost of living was Kansas City, with an index of 95.4.
Nov. 2, 2020