Cost of Living in Dexter, MO
Population 7,906 · Missouri · Data vintage 2023
(100 = US avg)
Household incomes in Dexter run well below national norms — a median of $47,647 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $133,000). Around 24% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Dexter lies roughly 115 miles north of the nearest major metro, Memphis — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 16% lower than Memphis' $157,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Dexter
The median home value in Dexter is $132,700 — 56% below the national median of $305,000. Median rent runs $717/month, 45% lower than the national median of $1,314/month. The median household income of $47,647/year is 36% lower than the US median of $74,580. The local unemployment rate is 1.9%, 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, Dexter has a cost of living index of 48 versus the US average of 100, meaning it is 52% less expensive.
Dexter 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Dexter, MO?
Dexter has a cost index of 48 (100 = national average). It is 52% below the national average.
What is average rent in Dexter, MO?
The median gross rent in Dexter is $717 per month based on 2023 Census data.
What is the average home price in Dexter?
The median home value in Dexter is $132,700 according to Zillow and Census data.
What is the median income in Dexter?
The median household income in Dexter is $47,647 per year (2023 ACS 5-year estimates).
What is the sales tax in Dexter, MO?
The combined state and local sales tax rate in Dexter is 8.4%. The Missouri state income tax top rate is 5.0%.
Is Dexter, MO affordable?
Yes, Dexter is generally considered affordable, with a cost of living index of 48 — about 52% below the US national average of 100.
Dexter at a Glance
- Population
- 7,906
- Median Income
- $47,647
- Home Value
- $132,700
- Median Rent
- $717/mo
- Unemployment
- 1.9%
- Sales Tax
- 8.4%
Nearby Cities
Explore county-level cost of living data
Missouri Rankings
Similar Cost Cities
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