Cost of Living in Waynesville, MO

Population 5,422 · 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

Housing costs in Waynesville stay well under national norms: a median home value of $204,000 against median household incomes of $75,179 gives the city one of the more comfortable price-to-income ratios in Missouri. At 8.9%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 75 miles northeast of Springfield, Waynesville is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 24% higher than Springfield's $165,000.

Cost Overview

Housing 67
Rent 68

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

About the Cost of Living in Waynesville

The median home value in Waynesville is $204,100 — 33% below the national median of $305,000. Median rent runs $899/month, 32% lower than the national median of $1,314/month. The median household income of $75,179/year is 1% higher than the US median of $74,580. The local unemployment rate is 8.9%, 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, Waynesville has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.

🏠 Housing

Median Home Value
$204,100
33% below avg
Zillow Home Value
$239,625
Zillow ZHVI
Median Rent
$899/mo
32% below avg
Zillow Rent
$1,038/mo
Zillow ZORI
Price-to-Rent Ratio
18.9x
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 60.9%
Renter-occupied 39.1%

💰 Estimated Monthly Budget

Rent median rent
$899
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,513/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
19.9 min
26% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.5%

Commute Mode

Drove alone
82.8%
Carpooled
7.8%
Walked
0.9%
Work from home
8.5%

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
$75,179
1% above avg
Per Capita Income
$34,992
Unemployment Rate
8.9%
85% above avg
Poverty Rate
11.9%
Labor Force Participation
64.4%

🎓 Education

Bachelor's degree+ 20.7%
Graduate degree 15.9%

👥 Demographics

Median Age 34.1
Male median age 34.8
Female median age 28.9

🏫 Schools

NCES CCD 2019 — public school district data

88%
4-Year Graduation Rate
14.8:1
Student-teacher ratio
10
Public schools
6,151
Total enrollment

Frequently Asked Questions

What is the cost of living in Waynesville, MO?

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

What is average rent in Waynesville, MO?

The median gross rent in Waynesville is $899 per month based on 2023 Census data.

What is the average home price in Waynesville?

The median home value in Waynesville is $204,100 according to Zillow and Census data.

What is the median income in Waynesville?

The median household income in Waynesville is $75,179 per year (2023 ACS 5-year estimates).

What is the sales tax in Waynesville, MO?

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

Is Waynesville, MO affordable?

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

Waynesville at a Glance

Population
5,422
Median Income
$75,179
Home Value
$204,100
Median Rent
$899/mo
Unemployment
8.9%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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