Cost of Living in Hannibal, MO
Population 16,825 · Missouri · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Hannibal a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $126,000.
Hannibal is about 75 miles northeast of Columbia, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 53% lower than Columbia's $268,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hannibal
The median home value in Hannibal is $126,300 — 59% below the national median of $305,000. Median rent runs $821/month, 38% lower than the national median of $1,314/month. The median household income of $54,071/year is 27% lower than the US median of $74,580. The local unemployment rate is 4.8%, 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, Hannibal has a cost of living index of 50 versus the US average of 100, meaning it is 50% less expensive.
🏠 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 Hannibal, MO?
Hannibal has a cost index of 50 (100 = national average). It is 50% below the national average.
What is average rent in Hannibal, MO?
The median gross rent in Hannibal is $821 per month based on 2023 Census data.
What is the average home price in Hannibal?
The median home value in Hannibal is $126,300 according to Zillow and Census data.
What is the median income in Hannibal?
The median household income in Hannibal is $54,071 per year (2023 ACS 5-year estimates).
What is the sales tax in Hannibal, MO?
The combined state and local sales tax rate in Hannibal is 8.4%. The Missouri state income tax top rate is 5.0%.
Is Hannibal, MO affordable?
Yes, Hannibal is generally considered affordable, with a cost of living index of 50 — about 50% below the US national average of 100.
Hannibal at a Glance
- Population
- 16,825
- Median Income
- $54,071
- Home Value
- $126,300
- Median Rent
- $821/mo
- Unemployment
- 4.8%
- Sales Tax
- 8.4%
Nearby Cities
Explore county-level cost of living data
Missouri Rankings
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