Cost of Living in Northwoods, MO

Population 3,654 · Missouri · Data vintage 2023

48
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $40,787, median household incomes in Northwoods land roughly 45% below the US median, a gap that tends to persist across local labor-market indicators. Around 24% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Located 5 miles northwest of St. Louis, Northwoods falls within that metro's commuting orbit. Median home values run roughly 61% lower than St. Louis' $185,000.

Cost Overview

Housing 24
Rent 84

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

About the Cost of Living in Northwoods

The median home value in Northwoods is $72,300 — 76% below the national median of $305,000. Median rent runs $1,104/month, 16% lower than the national median of $1,314/month. The median household income of $40,787/year is 45% lower than the US median of $74,580. The local unemployment rate is 6.0%, above 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, Northwoods has a cost of living index of 48 versus the US average of 100, meaning it is 52% less expensive.

🏠 Housing

Median Home Value
$72,300
76% below avg
Zillow Home Value
$413,739
Zillow ZHVI
Median Rent
$1,104/mo
16% below avg
Price-to-Rent Ratio
5.5x
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 77.6%
Renter-occupied 22.4%

💰 Estimated Monthly Budget

Rent median rent
$1,104
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,718/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
29.5 min
9% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.5%

Commute Mode

Drove alone
77.3%
Carpooled
5.5%
Public transit
5.6%
Walked
1.1%
Work from home
10.5%

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
$40,787
45% below avg
Per Capita Income
$22,271
Unemployment Rate
6.0%
24% above avg
Poverty Rate
24.4%
Labor Force Participation
40.1%

🎓 Education

Bachelor's degree+ 11.0%
Graduate degree 3.7%

👥 Demographics

Median Age 52.8
Male median age 46.5
Female median age 57.9

Frequently Asked Questions

What is the cost of living in Northwoods, MO?

Northwoods has a cost index of 48 (100 = national average). It is 52% below the national average.

What is average rent in Northwoods, MO?

The median gross rent in Northwoods is $1,104 per month based on 2023 Census data.

What is the average home price in Northwoods?

The median home value in Northwoods is $72,300 according to Zillow and Census data.

What is the median income in Northwoods?

The median household income in Northwoods is $40,787 per year (2023 ACS 5-year estimates).

What is the sales tax in Northwoods, MO?

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

Is Northwoods, MO affordable?

Yes, Northwoods is generally considered affordable, with a cost of living index of 48 — about 52% below the US national average of 100.

Northwoods at a Glance

Population
3,654
Median Income
$40,787
Home Value
$72,300
Median Rent
$1,104/mo
Unemployment
6.0%
Sales Tax
8.4%
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