A+
14%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
31%
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 Webb City Missouri National
Cost of living8688100
Goods & Services9192100
Groceries9395100
Health care8990100
Housing6978100
Transportation9391100
Utilities10999100

An Overview of Cost of Living in Webb City, MO

Getting a feel for the cost of living in Webb City is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Webb City is 86, which is 14% lower than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

Is Webb City Affordable?

Is Webb City 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 Webb City, for instance, where the median home price falls 35.5% lower than the national average, and monthly rent rates are 21.8% lower than usual. Additionally, median income levels contribute to the equation, with Webb City flaunting a median household income of $53,727, 2.9% lower than the national norm.

What Factors can Influence the Cost of Living in Webb City?

Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.

Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In Webb City, the transportation index stands at 7.5% lower than the national average.

Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Webb City, the groceries index is 7.3% lower than the national average.

Where is the Data From?

The Webb City 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. Published on a quarterly basis, it compiles data from more than 300 independent researchers, encompassing over 60 goods and services. These items have been meticulously selected to represent various consumer expenditure categories, in 6 categories. Weightings assigned to cost differentials draw from government survey data tracking spending patterns among professional and executive households. While the C2ER index excludes data on sales or income tax rates, AreaVibes incorporates tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Webb City is 2% lower than the Missouri average
  • The cost of living in Webb City is 14% lower than the national average
  • Webb City housing is 31% 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 Webb City

See all the best places to live around Webb City

Compare Webb City, 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$61,315$5,110$1,431$1,840
      Renters$37,638$3,137$878$1,129
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Webb City, MO, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Webb City homeowners, is $61,315. This would allow for a maximum of $1,431 per month to be spent on housing costs. For renters, the median monthly income is $37,638 which would result in a maximum of $878 to be spent on rental 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 Webb City National avg. Difference
      Haircut $21.83$24.2610.0%
      Beauty Salon $40.00$45.5612.2%
      Toothpaste $3.77$3.701.9%
      Shampoo $1.04$1.2818.5%
      Movie $13.01$12.137.3%
      Bowling $10.00$18.0044.4%

      Groceries

      Item Webb City National avg. Difference
      Ground Beef $5.78$5.841.0%
      Fried Chicken $1.38$1.5712.5%
      Milk $4.48$4.674.1%
      Potatoes $4.78$4.933.1%
      Pizza $10.46$12.0913.4%
      Beer $9.40$10.419.7%

      Health Care

      Item Webb City National avg. Difference
      Optometrist $98.94$125.6821.3%
      Doctor $140.26$135.783.3%
      Dentist $93.33$113.2917.6%
      Ibuprofen $10.07$10.655.5%
      Lipitor $369.04$468.6021.2%

      Housing

      Item Webb City National avg. Difference
      Home Price $119,100.00$184,700.0035.5%
      Avg. Mortgage Payment $1,474.08$2,346.6937.2%
      Apartment Rent $742.00$949.0021.8%

      Transportation

      Item Webb City National avg. Difference
      Gasoline $3.11$3.4610.1%
      Tire Balancing $59.12$59.921.3%

      Utilities

      Item Webb City National avg. Difference
      All Electricity $218.93$193.9912.9%
      Phone $196.63$192.252.3%
      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.
      Cliff Village, MO14946.2%
      Galena, KS2,8697822.4%
      Dennis Acres, MO577821.7%
      Redings Mill, MO1057921.1%
      Neck City, MO1997921.0%
      Webb City, MO11,8848613.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Port Washington, WI11,8811043.7%
      Eufaula, AL11,8788812.0%
      Franklin, OH11,8789010.1%
      Gold Canyon, AZ11,87512221.7%
      Garden City, ID11,8731087.6%
      Webb City, MO11,8848613.8%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.