Cost of Living in Higginsville, MO

Population 4,775 · Missouri · Data vintage 2023

60
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Higginsville stay well under national norms: a median home value of $164,000 against median household incomes of $76,409 gives the city one of the more comfortable price-to-income ratios in Missouri. The labor market has been unusually tight, with unemployment around 2.4% — below most comparable cities in the state.

Located 35 miles east of Independence, Higginsville falls within that metro's commuting orbit. Housing prices track closely with Independence's $166,000 median.

Cost Overview

Housing 54
Rent 69

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

About the Cost of Living in Higginsville

The median home value in Higginsville is $163,700 — 46% below the national median of $305,000. Median rent runs $901/month, 31% lower than the national median of $1,314/month. The median household income of $76,409/year is 2% higher than the US median of $74,580. The local unemployment rate is 2.4%, 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, Higginsville has a cost of living index of 60 versus the US average of 100, meaning it is 40% less expensive.

🏠 Housing

Median Home Value
$163,700
46% below avg
Zillow Home Value
$294,011
Zillow ZHVI
Median Rent
$901/mo
31% below avg
Price-to-Rent Ratio
15.1x
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 71.3%
Renter-occupied 28.6%

💰 Estimated Monthly Budget

Rent median rent
$901
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,515/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
20.1 min
26% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.3%

Commute Mode

Drove alone
85.1%
Carpooled
8.1%
Walked
3.4%
Work from home
3.3%

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
$76,409
2% above avg
Per Capita Income
$38,305
Unemployment Rate
2.4%
50% below avg
Poverty Rate
6.6%
Labor Force Participation
65.0%

🎓 Education

Bachelor's degree+ 18.0%
Graduate degree 10.5%

👥 Demographics

Median Age 42.7
Male median age 41.8
Female median age 46.7

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
12.5:1
Student-teacher ratio
3
Public schools
1,010
Total enrollment

Frequently Asked Questions

What is the cost of living in Higginsville, MO?

Higginsville has a cost index of 60 (100 = national average). It is 40% below the national average.

What is average rent in Higginsville, MO?

The median gross rent in Higginsville is $901 per month based on 2023 Census data.

What is the average home price in Higginsville?

The median home value in Higginsville is $163,700 according to Zillow and Census data.

What is the median income in Higginsville?

The median household income in Higginsville is $76,409 per year (2023 ACS 5-year estimates).

What is the sales tax in Higginsville, MO?

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

Is Higginsville, MO affordable?

Yes, Higginsville is generally considered affordable, with a cost of living index of 60 — about 40% below the US national average of 100.

Higginsville at a Glance

Population
4,775
Median Income
$76,409
Home Value
$163,700
Median Rent
$901/mo
Unemployment
2.4%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs