Cost of Living in Holts Summit, MO

Population 4,572 · Missouri · Data vintage 2023

68
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Holts Summit stay well under national norms: a median home value of $184,000 against median household incomes of $81,927 gives the city one of the more comfortable price-to-income ratios in Missouri. The labor market has been unusually tight, with unemployment around 1.1% — below most comparable cities in the state.

Geographically, Holts Summit sits roughly 25 miles southeast of Columbia. Median home values run roughly 31% lower than Columbia's $268,000.

Cost Overview

Housing 60
Rent 79

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

About the Cost of Living in Holts Summit

The median home value in Holts Summit is $184,400 — 40% below the national median of $305,000. Median rent runs $1,042/month, 21% lower than the national median of $1,314/month. The median household income of $81,927/year is 10% higher than the US median of $74,580. The local unemployment rate is 1.1%, 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, Holts Summit has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.

🏠 Housing

Median Home Value
$184,400
40% below avg
Zillow Home Value
$199,216
Zillow ZHVI
Median Rent
$1,042/mo
21% below avg
Price-to-Rent Ratio
14.7x
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 71.6%
Renter-occupied 28.4%

💰 Estimated Monthly Budget

Rent median rent
$1,042
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,656/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
23.3 min
14% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.6%

Commute Mode

Drove alone
88.2%
Carpooled
6.0%
Walked
0.1%
Work from home
5.6%

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
$81,927
10% above avg
Per Capita Income
$34,274
Unemployment Rate
1.1%
76% below avg
Poverty Rate
8.4%
Labor Force Participation
67.0%

🎓 Education

Bachelor's degree+ 19.7%
Graduate degree 7.2%

👥 Demographics

Median Age 33.1
Male median age 30
Female median age 34.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
80.4%
Good air days/yr
133
Max AQI recorded
0
PM2.5 days
245
Ozone days

Frequently Asked Questions

What is the cost of living in Holts Summit, MO?

Holts Summit has a cost index of 68 (100 = national average). It is 32% below the national average.

What is average rent in Holts Summit, MO?

The median gross rent in Holts Summit is $1,042 per month based on 2023 Census data.

What is the average home price in Holts Summit?

The median home value in Holts Summit is $184,400 according to Zillow and Census data.

What is the median income in Holts Summit?

The median household income in Holts Summit is $81,927 per year (2023 ACS 5-year estimates).

What is the sales tax in Holts Summit, MO?

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

Is Holts Summit, MO affordable?

Yes, Holts Summit is generally considered affordable, with a cost of living index of 68 — about 32% below the US national average of 100.

Holts Summit at a Glance

Population
4,572
Median Income
$81,927
Home Value
$184,400
Median Rent
$1,042/mo
Unemployment
1.1%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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