Cost of Living in Sikeston, MO

Population 16,231 · Missouri · Data vintage 2023

56
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Sikeston is a smaller Missouri community of around 16000 residents, where median household incomes of $53,203 and housing costs ($158,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Sikeston lies roughly 125 miles north of the nearest major metro, Memphis — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Memphis' $157,000 median.

Cost Overview

Housing 52
Rent 63

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

About the Cost of Living in Sikeston

The median home value in Sikeston is $158,100 — 48% below the national median of $305,000. Median rent runs $827/month, 37% lower than the national median of $1,314/month. The median household income of $53,203/year is 29% lower than the US median of $74,580. The local unemployment rate is 3.2%, 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, Sikeston has a cost of living index of 56 versus the US average of 100, meaning it is 44% less expensive.

🏠 Housing

Median Home Value
$158,100
48% below avg
Zillow Home Value
$155,739
Zillow ZHVI
Median Rent
$827/mo
37% below avg
Price-to-Rent Ratio
15.9x
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 59.0%
Renter-occupied 41.0%

💰 Estimated Monthly Budget

Rent median rent
$827
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,441/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
17.6 min
35% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.1%

Commute Mode

Drove alone
80.5%
Carpooled
14.5%
Walked
0.8%
Bicycle
1.0%
Work from home
3.1%

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
$53,203
29% below avg
Per Capita Income
$31,846
Unemployment Rate
3.2%
33% below avg
Poverty Rate
16.6%
Labor Force Participation
58.5%

🎓 Education

Bachelor's degree+ 15.2%
Graduate degree 9.6%

👥 Demographics

Median Age 37
Male median age 33.8
Female median age 39.2

🏫 Schools

NCES CCD 2019 — public school district data

90.9%
4-Year Graduation Rate
13.5:1
Student-teacher ratio
10
Public schools
3,707
Total enrollment

Frequently Asked Questions

What is the cost of living in Sikeston, MO?

Sikeston has a cost index of 56 (100 = national average). It is 44% below the national average.

What is average rent in Sikeston, MO?

The median gross rent in Sikeston is $827 per month based on 2023 Census data.

What is the average home price in Sikeston?

The median home value in Sikeston is $158,100 according to Zillow and Census data.

What is the median income in Sikeston?

The median household income in Sikeston is $53,203 per year (2023 ACS 5-year estimates).

What is the sales tax in Sikeston, MO?

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

Is Sikeston, MO affordable?

Yes, Sikeston is generally considered affordable, with a cost of living index of 56 — about 44% below the US national average of 100.

Sikeston at a Glance

Population
16,231
Median Income
$53,203
Home Value
$158,100
Median Rent
$827/mo
Unemployment
3.2%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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