Cost of Living in Marshfield, MO

Population 7,599 · Missouri · Data vintage 2023

63
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Marshfield stay well under national norms: a median home value of $201,000 against median household incomes of $67,134 gives the city one of the more comfortable price-to-income ratios in Missouri. The labor market has been unusually tight, with unemployment around 2.8% — below most comparable cities in the state.

Located 25 miles east of Springfield, Marshfield falls within that metro's commuting orbit. Median home values run roughly 22% higher than Springfield's $165,000.

Cost Overview

Housing 66
Rent 59

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

About the Cost of Living in Marshfield

The median home value in Marshfield is $201,300 — 34% below the national median of $305,000. Median rent runs $776/month, 41% lower than the national median of $1,314/month. The median household income of $67,134/year is 10% lower than the US median of $74,580. The local unemployment rate is 2.8%, 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, Marshfield has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.

🏠 Housing

Median Home Value
$201,300
34% below avg
Zillow Home Value
$250,876
Zillow ZHVI
Median Rent
$776/mo
41% below avg
Price-to-Rent Ratio
21.6x
Favors renting
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 64.4%
Renter-occupied 35.6%

💰 Estimated Monthly Budget

Rent median rent
$776
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,390/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
25.4 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.0%

Commute Mode

Drove alone
81.4%
Carpooled
9.2%
Walked
3.1%
Work from home
5.0%

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
$67,134
10% below avg
Per Capita Income
$28,402
Unemployment Rate
2.8%
42% below avg
Poverty Rate
19.3%
Labor Force Participation
58.7%

🎓 Education

Bachelor's degree+ 12.2%
Graduate degree 7.0%

👥 Demographics

Median Age 33.5
Male median age 34.4
Female median age 31.8

🏫 Schools

NCES CCD 2019 — public school district data

89%
4-Year Graduation Rate
14.2:1
Student-teacher ratio
5
Public schools
3,072
Total enrollment

Frequently Asked Questions

What is the cost of living in Marshfield, MO?

Marshfield has a cost index of 63 (100 = national average). It is 37% below the national average.

What is average rent in Marshfield, MO?

The median gross rent in Marshfield is $776 per month based on 2023 Census data.

What is the average home price in Marshfield?

The median home value in Marshfield is $201,300 according to Zillow and Census data.

What is the median income in Marshfield?

The median household income in Marshfield is $67,134 per year (2023 ACS 5-year estimates).

What is the sales tax in Marshfield, MO?

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

Is Marshfield, MO affordable?

Yes, Marshfield is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.

Marshfield at a Glance

Population
7,599
Median Income
$67,134
Home Value
$201,300
Median Rent
$776/mo
Unemployment
2.8%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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