Cost of Living in Caruthersville, MO
Population 5,426 · Missouri · Data vintage 2023
(100 = US avg)
At $35,903, median household incomes in Caruthersville land roughly 52% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 26% 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.
Geographically, Caruthersville lies roughly 75 miles north of the nearest major metro, Memphis. Median home values run roughly 24% lower than Memphis' $157,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Caruthersville
The median home value in Caruthersville is $118,700 — 61% below the national median of $305,000. Median rent runs $771/month, 41% lower than the national median of $1,314/month. The median household income of $35,903/year is 52% lower than the US median of $74,580. The local unemployment rate is 7.3%, 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, Caruthersville has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.
Caruthersville has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Caruthersville, MO?
Caruthersville has a cost index of 47 (100 = national average). It is 53% below the national average.
What is average rent in Caruthersville, MO?
The median gross rent in Caruthersville is $771 per month based on 2023 Census data.
What is the average home price in Caruthersville?
The median home value in Caruthersville is $118,700 according to Zillow and Census data.
What is the median income in Caruthersville?
The median household income in Caruthersville is $35,903 per year (2023 ACS 5-year estimates).
What is the sales tax in Caruthersville, MO?
The combined state and local sales tax rate in Caruthersville is 8.4%. The Missouri state income tax top rate is 5.0%.
Is Caruthersville, MO affordable?
Yes, Caruthersville is generally considered affordable, with a cost of living index of 47 — about 53% below the US national average of 100.
Caruthersville at a Glance
- Population
- 5,426
- Median Income
- $35,903
- Home Value
- $118,700
- Median Rent
- $771/mo
- Unemployment
- 7.3%
- Sales Tax
- 8.4%
Explore county-level cost of living data
Missouri Rankings
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