Cost of Living in Mountain Grove, MO

Population 4,494 · Missouri · Data vintage 2023

34
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Mountain Grove run well below national norms — a median of $41,875 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $89,000). An unemployment rate of 1.4% points to a labor market well on the tight side of the national distribution.

Mountain Grove is about 55 miles east of Springfield, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 46% lower than Springfield's $165,000.

Cost Overview

Housing 29
Rent 42

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

About the Cost of Living in Mountain Grove

The median home value in Mountain Grove is $89,300 — 71% below the national median of $305,000. Median rent runs $548/month, 58% lower than the national median of $1,314/month. The median household income of $41,875/year is 44% lower than the US median of $74,580. The local unemployment rate is 1.4%, 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, Mountain Grove has a cost of living index of 34 versus the US average of 100, meaning it is 66% less expensive.

🏠 Housing

Median Home Value
$89,300
71% below avg
Zillow Home Value
$594,129
Zillow ZHVI
Median Rent
$548/mo
58% below avg
Price-to-Rent Ratio
13.6x
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 75.2%
Renter-occupied 24.8%

💰 Estimated Monthly Budget

Rent median rent
$548
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,162/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
13.9 min
49% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.4%

Commute Mode

Drove alone
79.4%
Carpooled
3.3%
Walked
8.9%
Work from home
8.4%

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
$41,875
44% below avg
Per Capita Income
$25,228
Unemployment Rate
1.4%
70% below avg
Poverty Rate
18.1%
Labor Force Participation
45.8%

🎓 Education

Bachelor's degree+ 9.0%
Graduate degree 7.7%

👥 Demographics

Median Age 42.5
Male median age 37.6
Female median age 42.7

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
13.2:1
Student-teacher ratio
6
Public schools
1,599
Total enrollment

Frequently Asked Questions

What is the cost of living in Mountain Grove, MO?

Mountain Grove has a cost index of 34 (100 = national average). It is 66% below the national average.

What is average rent in Mountain Grove, MO?

The median gross rent in Mountain Grove is $548 per month based on 2023 Census data.

What is the average home price in Mountain Grove?

The median home value in Mountain Grove is $89,300 according to Zillow and Census data.

What is the median income in Mountain Grove?

The median household income in Mountain Grove is $41,875 per year (2023 ACS 5-year estimates).

What is the sales tax in Mountain Grove, MO?

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

Is Mountain Grove, MO affordable?

Yes, Mountain Grove is generally considered affordable, with a cost of living index of 34 — about 66% below the US national average of 100.

Mountain Grove at a Glance

Population
4,494
Median Income
$41,875
Home Value
$89,300
Median Rent
$548/mo
Unemployment
1.4%
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