Cost of Living in Cape Girardeau, MO

Population 40,047 · Missouri · Data vintage 2023

63
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Cape Girardeau lands reasonably close to national benchmarks on most cost indicators, with a median home value of $186,000 — 39% below the US figure. That makes it a useful reference point for comparing with more extreme markets in Missouri. A poverty rate near 21% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Cape Girardeau lies roughly 100 miles southeast of the nearest major metro, St. Louis — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with St. Louis' $185,000 median.

Cost Overview

Housing 61
Rent 65

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

About the Cost of Living in Cape Girardeau

The median home value in Cape Girardeau is $186,100 — 39% below the national median of $305,000. Median rent runs $855/month, 35% lower than the national median of $1,314/month. The median household income of $54,870/year is 26% lower than the US median of $74,580. The local unemployment rate is 3.4%, below the national average of 4.8%. Missouri's top state income tax rate is 5.0% and the combined sales tax is 8.4%. The climate averages highs of 68.0°F and lows of 47.5°F. Overall, Cape Girardeau has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.

🏠 Housing

Median Home Value
$186,100
39% below avg
Zillow Home Value
$215,152
Zillow ZHVI
Median Rent
$855/mo
35% below avg
Zillow Rent
$1,147/mo
Zillow ZORI
Price-to-Rent Ratio
18.1x
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 52.2%
Renter-occupied 47.8%

💰 Estimated Monthly Budget

Rent median rent
$855
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,469/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
17.3 min
36% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.1%

Commute Mode

Drove alone
79.9%
Carpooled
8.7%
Public transit
0.2%
Walked
2.4%
Bicycle
0.1%
Work from home
7.1%

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
$54,870
26% below avg
Per Capita Income
$33,295
Unemployment Rate
3.4%
29% below avg
Poverty Rate
20.7%
Labor Force Participation
62.1%

🎓 Education

Bachelor's degree+ 21.6%
Graduate degree 14.9%

👥 Demographics

Median Age 34.2
Male median age 33.3
Female median age 35.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.0°F
Avg Low
47.5°F
Annual Precip
47.9"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 434858697887898882715746
Low °F 263037475866696658463730
Precip" 3.513.314.695.185.273.803.873.233.613.574.253.62

🏫 Schools

NCES CCD 2019 — public school district data

88%
4-Year Graduation Rate
12:1
Student-teacher ratio
10
Public schools
4,651
Total enrollment

Frequently Asked Questions

What is the cost of living in Cape Girardeau, MO?

Cape Girardeau has a cost index of 63 (100 = national average). It is 37% below the national average.

What is average rent in Cape Girardeau, MO?

The median gross rent in Cape Girardeau is $855 per month based on 2023 Census data.

What is the average home price in Cape Girardeau?

The median home value in Cape Girardeau is $186,100 according to Zillow and Census data.

What is the median income in Cape Girardeau?

The median household income in Cape Girardeau is $54,870 per year (2023 ACS 5-year estimates).

What is the sales tax in Cape Girardeau, MO?

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

Is Cape Girardeau, MO affordable?

Yes, Cape Girardeau is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.

What is the weather like in Cape Girardeau?

Cape Girardeau has average high temperatures of 68.0°F and average lows of 47.5°F. Annual precipitation is 47.9". Data from NOAA 1991–2020 Climate Normals.

Cape Girardeau at a Glance

Population
40,047
Median Income
$54,870
Home Value
$186,100
Median Rent
$855/mo
Unemployment
3.4%
Avg High Temp
68.0°F
Sales Tax
8.4%
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