Cost of Living in Bowling Green, MO

Population 4,130 · Missouri · Data vintage 2023

46
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bowling Green sits on the smaller end of the Missouri city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Around 21% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Located 65 miles east of Columbia, Bowling Green is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 57% lower than Columbia's $268,000.

Cost Overview

Housing 38
Rent 59

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Bowling Green

The median home value in Bowling Green is $116,400 — 62% below the national median of $305,000. Median rent runs $773/month, 41% lower than the national median of $1,314/month. The median household income of $51,675/year is 31% lower than the US median of $74,580. The local unemployment rate is 7.7%, above the national average of 4.8%. Missouri's top state income tax rate is 5.0% and the combined sales tax is 8.4%. Overall, Bowling Green has a cost of living index of 46 versus the US average of 100, meaning it is 54% less expensive.

🏠 Housing

Median Home Value
$116,400
62% below avg
Zillow Home Value
$392,642
Zillow ZHVI
Median Rent
$773/mo
41% below avg
Price-to-Rent Ratio
12.5x
Favors buying
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$623
1 BR
$668
2 BR
$826
3 BR
$1,142
4 BR
$1,311
Owner-occupied 57.5%
Renter-occupied 42.5%

💰 Estimated Monthly Budget

Rent median rent
$773
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,387/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.7 min
16% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.4%

Commute Mode

Drove alone
76.9%
Carpooled
12.6%
Walked
5.0%
Work from home
5.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.0%
Total Sales Tax 8.4%
State rate 4.2%
Avg local rate 4.1%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$51,675
31% below avg
Per Capita Income
$22,752
Unemployment Rate
7.7%
60% above avg
Poverty Rate
21.1%
Labor Force Participation
47.2%

🎓 Education

Bachelor's degree+ 6.3%
Graduate degree 5.9%

👥 Demographics

Median Age 37.1
Male median age 37.3
Female median age 35.5

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
14:1
Student-teacher ratio
4
Public schools
1,410
Total enrollment

Frequently Asked Questions

What is the cost of living in Bowling Green, MO?

Bowling Green has a cost index of 46 (100 = national average). It is 54% below the national average.

What is average rent in Bowling Green, MO?

The median gross rent in Bowling Green is $773 per month based on 2023 Census data.

What is the average home price in Bowling Green?

The median home value in Bowling Green is $116,400 according to Zillow and Census data.

What is the median income in Bowling Green?

The median household income in Bowling Green is $51,675 per year (2023 ACS 5-year estimates).

What is the sales tax in Bowling Green, MO?

The combined state and local sales tax rate in Bowling Green is 8.4%. The Missouri state income tax top rate is 5.0%.

Is Bowling Green, MO affordable?

Yes, Bowling Green is generally considered affordable, with a cost of living index of 46 — about 54% below the US national average of 100.

Bowling Green at a Glance

Population
4,130
Median Income
$51,675
Home Value
$116,400
Median Rent
$773/mo
Unemployment
7.7%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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