Cost of Living in Carrollton, MO

Population 3,335 · Missouri · Data vintage 2023

44
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Carrollton 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, Carrollton is about 50 miles east of Independence, the nearest large metro. Median home values run roughly 39% lower than Independence's $166,000.

Cost Overview

Housing 33
Rent 60

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

About the Cost of Living in Carrollton

The median home value in Carrollton is $101,800 — 67% below the national median of $305,000. Median rent runs $786/month, 40% lower than the national median of $1,314/month. The median household income of $53,160/year is 29% lower than the US median of $74,580. The local unemployment rate is 5.7%, 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, Carrollton has a cost of living index of 44 versus the US average of 100, meaning it is 56% less expensive.

🏠 Housing

Median Home Value
$101,800
67% below avg
Zillow Home Value
$517,866
Zillow ZHVI
Median Rent
$786/mo
40% below avg
Price-to-Rent Ratio
10.8x
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 60.3%
Renter-occupied 39.7%

💰 Estimated Monthly Budget

Rent median rent
$786
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,400/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
21.0 min
22% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.6%

Commute Mode

Drove alone
71.1%
Carpooled
13.1%
Walked
11.3%
Work from home
4.6%

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
$53,160
29% below avg
Per Capita Income
$25,494
Unemployment Rate
5.7%
17% above avg
Poverty Rate
16.4%
Labor Force Participation
57.1%

🎓 Education

Bachelor's degree+ 14.3%
Graduate degree 8.0%

👥 Demographics

Median Age 39.6
Male median age 39.6
Female median age 39.5

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
15:1
Student-teacher ratio
5
Public schools
883
Total enrollment

Frequently Asked Questions

What is the cost of living in Carrollton, MO?

Carrollton has a cost index of 44 (100 = national average). It is 56% below the national average.

What is average rent in Carrollton, MO?

The median gross rent in Carrollton is $786 per month based on 2023 Census data.

What is the average home price in Carrollton?

The median home value in Carrollton is $101,800 according to Zillow and Census data.

What is the median income in Carrollton?

The median household income in Carrollton is $53,160 per year (2023 ACS 5-year estimates).

What is the sales tax in Carrollton, MO?

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

Is Carrollton, MO affordable?

Yes, Carrollton is generally considered affordable, with a cost of living index of 44 — about 56% below the US national average of 100.

Carrollton at a Glance

Population
3,335
Median Income
$53,160
Home Value
$101,800
Median Rent
$786/mo
Unemployment
5.7%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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