Missouri is known as the Show-Me State, and we're about to show you why this state can be a great place to retire. Missouri delivers on that front if you like hot summers and cold winters. Missouri is filled with culture, from St. Louis to the smallest towns that know how to farm. You have a variety of activities to do when you're in this state, including resting peacefully in an area with a low cost of living. Read below to see how the cost of living in Missouri compares to the rest of the country.
Overall, the cost of living is less than the rest of the country, almost 13 points below the national average. Where Missouri shines is its housing costs, which are nearly 22 points below the national average. Its rent is below the rest of the country, and its median home cost is almost $150K cheaper. While utilities are near the national average, they're still lower. Combined with the affordable homes Missouri offers, you might be able to retire in Missouri without paying too much. There's a reason why many are looking to Missouri as their retirement place. Here is why you should too.
| COST OF LIVING | Missouri | United States |
|---|---|---|
| Overall | 87.1 | 100 |
| Grocery | 95.4 | 100 |
| Housing | 78.3 | 100 |
| Median Home Cost | $157,200 | $291,700 |
| Utilities | 96.3 | 100 |
| Transportation | 90.4 | 100 |
| Miscellaneous | 95.8 | 100 |
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