Cost of living in Branson research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Branson is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Missouri, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Branson is 90, with 100 being the average.
The cost of living index in Branson is 0.9x lower than the national average.
Branson ranks as the #79 cheapest in Missouri out of 143.
Branson ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Branson is $170,800.
The median income in Branson is $45,669.
According to the most recent data on the cost of living, Branson has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Missouri, Branson has a cost of living index that's 1.0x higher than Missouri's index of 89.
The standard of living in Branson ranks as #79 most affordable out of the 143 places we measured in Missouri. By definition, that implies Branson ranks as the #64 most expensive place in the Show Me State.
For more reading on life in Branson, check out:
Six factors go into calculating the cost of living index in Branson. Here is how it fairs on each of the criteria:
The Services index in Branson is 95.
The Groceries index in Branson is 104.
The Health index in Branson is 103.
The Housing index in Branson is 84.
The Transportation index in Branson is 91.
The Utilities index in Branson is 88.
Living Expense | Branson | Missouri | National Average | |
---|---|---|---|---|
Overall | 90 | 89 | 100 | |
Services | 95 | 92 | 100 | |
Groceries | 104 | 96 | 100 | |
Health | 103 | 88 | 100 | |
Housing | 84 | 79 | 100 | |
Transportation | 91 | 95 | 100 | |
Utilities | 88 | 95 | 100 |
Housing swings affordability the most between places in Missouri, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Branson is $170,800.
The Median Rent in Branson is $919.
The Median Income in Branson is $45,669.
The Home Value To Income in Branson is 3.7x.
The Rent To Monthly Income in Branson is 0.24x.
Statistic | Branson | Missouri | United States |
---|---|---|---|
Median Home Value | $170,800 | $171,800 | $244,900 |
Median Rent | $919 | $886 | $1,163 |
Median Income | $45,669 | $61,043 | $69,021 |
Home Value To Income | 3.7x | 2.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Branson. Here's a quick look at the cost of living in the most populous nearby places:
Nixa, MO has a cost of living index of 89, 1.0x Branson.
Ozark, MO has a cost of living index of 92, 1.0x Branson.
Republic, MO has a cost of living index of 87, 1.0x Branson.
City | Population | Cost Of Living | Vs. Branson |
---|---|---|---|
Nixa, MO | 22,925 | 89 | 1.0x |
Ozark, MO | 20,874 | 92 | 1.0x |
Republic, MO | 18,313 | 87 | 1.0x |
Harrison, AR | 13,081 | 79 | 0.9x |
Monett, MO | 9,512 | 83 | 0.9x |
Aurora, MO | 7,268 | 82 | 0.9x |
Willard, MO | 6,233 | 86 | 1.0x |
Battlefield, MO | 5,957 | 92 | 1.0x |
Berryville, AR | 5,612 | 81 | 0.9x |