A+
9%
Overall NAT. AVG.
11%
Goods & Services NAT. AVG.
6%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Nixa Missouri National
Cost of living9188100
Goods & Services8992100
Groceries9495100
Health care9590100
Housing9478100
Transportation9091100
Utilities8099100

An Overview of Cost of Living in Nixa, MO

Understanding the cost of living in Nixa can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Nixa cost of living index is 91, which is 9% lower than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

The cost of living in Nixa is about average when compared to all other cities across the nation. You can expect that everyday items like food, goods and services and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.

Everyday basics like clothes, personal care items and entertainment factor into your overall living costs. But here's the good news: in Nixa, these things are 10.6% more affordable than the national average. So, you can get what you need and have fun without emptying your wallet. With these savings, you can stash more money in your savings or put it towards other financial goals, ultimately improving your financial health.

What Do Locals Say About the Cost of Living in Nixa?

Nobody knows their city better than the people who actually live there. So, we asked 6 local residents how they would rate the cost of living in Nixa and this is how they responded. 33% of people said that the cost of living was affordable, with prices decreasing, while 67% of people said that the cost of living was very expensive and prices continue to rise.

Is Nixa Affordable?

Is Nixa affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Nixa, for instance, where the median home price falls 3.8% lower than the national average, and monthly rent rates are 9.7% lower than usual. Additionally, median income levels contribute to the equation, with Nixa flaunting a median household income of $63,176, 14.2% higher than the national norm.

What Factors can Influence the Cost of Living in Nixa?

Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Nixa, the housing index is 5.6% lower than the national average.

Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Nixa, the groceries index is 5.9% lower than the national average.

Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Nixa, healthcare costs are 5.1% lower than the national average.

Where is the Data From?

The Nixa cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Nixa is 3% higher than the Missouri average
  • The cost of living in Nixa is 9% lower than the national average
  • Nixa housing is 6% lower than the national average
  • Missouri general sales tax is 17% lower than the national average
  • Missouri state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Nixa

See all the best places to live around Nixa

Compare Nixa, MO Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$74,033$6,169$1,727$2,221
      Renters$36,991$3,083$863$1,110
      The affordability of the housing market in Nixa, MO as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Nixa homeowners, the median income is $74,033. This indicates that a monthly maximum of $1,727 should be spent by homeowners on all housing related costs. Renters have a median income of $36,991. This indicates that renters would have a maximum of $863 for their rent related monthly costs.

      Missouri Sales Tax

      State General Sales Tax With Max Surtax
      Missouri 4.225% 10.85%

      Missouri Income Tax

      State Income Tax (Low) Income Tax (High)
      Missouri 2% 4.95%

      Goods & Services

      Item Nixa National avg. Difference
      Haircut $20.90$24.2613.9%
      Beauty Salon $43.40$45.564.7%
      Toothpaste $3.69$3.700.2%
      Shampoo $1.43$1.2811.9%
      Movie $11.45$12.135.7%
      Bowling $20.06$18.0011.5%

      Groceries

      Item Nixa National avg. Difference
      Ground Beef $5.93$5.841.5%
      Fried Chicken $1.37$1.5712.7%
      Milk $4.65$4.670.5%
      Potatoes $4.78$4.933.1%
      Pizza $10.93$12.099.6%
      Beer $9.53$10.418.5%

      Health Care

      Item Nixa National avg. Difference
      Optometrist $87.72$125.6830.2%
      Doctor $89.65$135.7834.0%
      Dentist $114.22$113.290.8%
      Ibuprofen $10.47$10.651.7%
      Lipitor $495.14$468.605.7%

      Housing

      Item Nixa National avg. Difference
      Home Price $177,700.00$184,700.003.8%
      Avg. Mortgage Payment $1,859.59$2,346.6920.8%
      Apartment Rent $857.00$949.009.7%

      Transportation

      Item Nixa National avg. Difference
      Gasoline $3.49$3.460.8%
      Tire Balancing $45.32$59.9224.4%

      Utilities

      Item Nixa National avg. Difference
      All Electricity $193.72$193.990.1%
      Phone $200.43$192.254.3%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Crane, MO1,4708020.3%
      Hurley, MO1618119.1%
      Billings, MO9088217.7%
      Sparta, MO2,1678317.2%
      Springfield, MO167,6018416.4%
      Nixa, MO22,086919.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Villa Park, IL22,08711312.6%
      Corcoran, CA22,0781077.1%
      Johnston, IA22,0771077.4%
      Chester, VA22,0981098.6%
      Huntsville, ON22,073n/a 
      Nixa, MO22,086919.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.