Cost of Living in Carthage, MO

Population 15,513 · Missouri · Data vintage 2023

54
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Carthage a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $134,000. Around 33% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Located 55 miles west of Springfield, Carthage is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 19% lower than Springfield's $165,000.

Cost Overview

Housing 44
Rent 68

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

About the Cost of Living in Carthage

The median home value in Carthage is $133,500 — 56% below the national median of $305,000. Median rent runs $897/month, 32% lower than the national median of $1,314/month. The median household income of $50,849/year is 32% lower than the US median of $74,580. The local unemployment rate is 2.0%, 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%. Overall, Carthage has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.

🏠 Housing

Median Home Value
$133,500
56% below avg
Zillow Home Value
$231,901
Zillow ZHVI
Median Rent
$897/mo
32% below avg
Price-to-Rent Ratio
12.4x
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 51.7%
Renter-occupied 48.3%

💰 Estimated Monthly Budget

Rent median rent
$897
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,511/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
17.2 min
36% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.1%

Commute Mode

Drove alone
74.1%
Carpooled
14.4%
Walked
2.1%
Bicycle
0.7%
Work from home
8.1%

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
$50,849
32% below avg
Per Capita Income
$21,524
Unemployment Rate
2.0%
59% below avg
Poverty Rate
33.0%
Labor Force Participation
58.8%

🎓 Education

Bachelor's degree+ 15.1%
Graduate degree 7.9%

👥 Demographics

Median Age 31
Male median age 29.6
Female median age 35.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
78.9%
Good air days/yr
119
Max AQI recorded
0
PM2.5 days
228
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

96%
4-Year Graduation Rate
14.4:1
Student-teacher ratio
10
Public schools
5,152
Total enrollment

Frequently Asked Questions

What is the cost of living in Carthage, MO?

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

What is average rent in Carthage, MO?

The median gross rent in Carthage is $897 per month based on 2023 Census data.

What is the average home price in Carthage?

The median home value in Carthage is $133,500 according to Zillow and Census data.

What is the median income in Carthage?

The median household income in Carthage is $50,849 per year (2023 ACS 5-year estimates).

What is the sales tax in Carthage, MO?

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

Is Carthage, MO affordable?

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

Carthage at a Glance

Population
15,513
Median Income
$50,849
Home Value
$133,500
Median Rent
$897/mo
Unemployment
2.0%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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