Cost of Living in Branson, MO

Population 12,760 · Missouri · Data vintage 2023

77
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Branson 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.

Geographically, Branson is about 40 miles south of Springfield, the nearest large metro. Median home values run roughly 44% higher than Springfield's $165,000.

Cost Overview

Housing 78
Rent 76

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

About the Cost of Living in Branson

The median home value in Branson is $237,900 — 22% below the national median of $305,000. Median rent runs $999/month, 24% lower than the national median of $1,314/month. The median household income of $54,961/year is 26% lower than the US median of $74,580. The local unemployment rate is 5.8%, 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, Branson has a cost of living index of 77 versus the US average of 100, meaning it is 23% less expensive.

🏠 Housing

Median Home Value
$237,900
22% below avg
Zillow Home Value
$245,093
Zillow ZHVI
Median Rent
$999/mo
24% below avg
Zillow Rent
$1,447/mo
Zillow ZORI
Price-to-Rent Ratio
19.8x
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 45.9%
Renter-occupied 54.1%

💰 Estimated Monthly Budget

Rent median rent
$999
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,613/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
19.4 min
28% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.4%

Commute Mode

Drove alone
71.7%
Carpooled
12.8%
Public transit
0.0%
Walked
3.0%
Work from home
11.4%

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
$54,961
26% below avg
Per Capita Income
$35,892
Unemployment Rate
5.8%
22% above avg
Poverty Rate
19.0%
Labor Force Participation
61.2%

🎓 Education

Bachelor's degree+ 20.8%
Graduate degree 8.6%

👥 Demographics

Median Age 38.2
Male median age 34.7
Female median age 40.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 29 — Good
83.8%
Good air days/yr
75
Max AQI recorded
105
PM2.5 days
0
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

96%
4-Year Graduation Rate
14.6:1
Student-teacher ratio
7
Public schools
4,788
Total enrollment

Frequently Asked Questions

What is the cost of living in Branson, MO?

Branson has a cost index of 77 (100 = national average). It is 23% below the national average.

What is average rent in Branson, MO?

The median gross rent in Branson is $999 per month based on 2023 Census data.

What is the average home price in Branson?

The median home value in Branson is $237,900 according to Zillow and Census data.

What is the median income in Branson?

The median household income in Branson is $54,961 per year (2023 ACS 5-year estimates).

What is the sales tax in Branson, MO?

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

Is Branson, MO affordable?

Yes, Branson is generally considered affordable, with a cost of living index of 77 — about 23% below the US national average of 100.

Branson at a Glance

Population
12,760
Median Income
$54,961
Home Value
$237,900
Median Rent
$999/mo
Unemployment
5.8%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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