Cost of Living in Oak Grove, MO

Population 8,477 · 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

Oak Grove offers a notably favorable income-to-housing ratio for its region. The typical home — $191,000 — costs less than 2.6 times median household income of $73,237, a threshold many coastal markets passed a decade ago. Unemployment has stayed elevated relative to the national figure — 6.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Oak Grove sits roughly 13 miles east of Independence — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 15% higher than Independence's $166,000.

Cost Overview

Housing 63
Rent 77

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

About the Cost of Living in Oak Grove

The median home value in Oak Grove is $190,800 — 37% below the national median of $305,000. Median rent runs $1,007/month, 23% lower than the national median of $1,314/month. The median household income of $73,237/year is 2% lower than the US median of $74,580. The local unemployment rate is 6.5%, 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, Oak Grove has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.

🏠 Housing

Median Home Value
$190,800
37% below avg
Zillow Home Value
$287,124
Zillow ZHVI
Median Rent
$1,007/mo
23% below avg
Zillow Rent
$1,364/mo
Zillow ZORI
Price-to-Rent Ratio
15.8x
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 64.2%
Renter-occupied 35.8%

💰 Estimated Monthly Budget

Rent median rent
$1,007
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,621/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
32.8 min
21% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.0%

Commute Mode

Drove alone
80.8%
Carpooled
7.6%
Walked
1.6%
Bicycle
0.2%
Work from home
8.0%

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
$73,237
2% below avg
Per Capita Income
$32,565
Unemployment Rate
6.5%
35% above avg
Poverty Rate
9.3%
Labor Force Participation
65.1%

🎓 Education

Bachelor's degree+ 12.4%
Graduate degree 3.4%

👥 Demographics

Median Age 36.8
Male median age 33.5
Female median age 42.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
46.8%
Good air days/yr
155
Max AQI recorded
313
PM2.5 days
0
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
14.1:1
Student-teacher ratio
4
Public schools
2,022
Total enrollment

Frequently Asked Questions

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

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

What is average rent in Oak Grove, MO?

The median gross rent in Oak Grove is $1,007 per month based on 2023 Census data.

What is the average home price in Oak Grove?

The median home value in Oak Grove is $190,800 according to Zillow and Census data.

What is the median income in Oak Grove?

The median household income in Oak Grove is $73,237 per year (2023 ACS 5-year estimates).

What is the sales tax in Oak Grove, MO?

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

Is Oak Grove, MO affordable?

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

Oak Grove at a Glance

Population
8,477
Median Income
$73,237
Home Value
$190,800
Median Rent
$1,007/mo
Unemployment
6.5%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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