Cost of living in Cameron 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 Cameron 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 Cameron is 85, with 100 being the average.
The cost of living index in Cameron is 0.8x lower than the national average.
Cameron ranks as the #39 cheapest in Missouri out of 143.
Cameron ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Cameron is $117,300.
The median income in Cameron is $51,607.
According to the most recent data on the cost of living, Cameron has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Missouri, Cameron has a cost of living index that's 1.0x lower than Missouri's index of 89.
The standard of living in Cameron ranks as #39 most affordable out of the 143 places we measured in Missouri. By definition, that implies Cameron ranks as the #104 most expensive place in the Show Me State.
For more reading on life in Cameron, check out:
Six factors go into calculating the cost of living index in Cameron. Here is how it fairs on each of the criteria:
The Services index in Cameron is 100.
The Groceries index in Cameron is 95.
The Health index in Cameron is 103.
The Housing index in Cameron is 61.
The Transportation index in Cameron is 95.
The Utilities index in Cameron is 97.
Living Expense | Cameron | Missouri | National Average | |
---|---|---|---|---|
Overall | 85 | 89 | 100 | |
Services | 100 | 92 | 100 | |
Groceries | 95 | 96 | 100 | |
Health | 103 | 88 | 100 | |
Housing | 61 | 79 | 100 | |
Transportation | 95 | 95 | 100 | |
Utilities | 97 | 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 Cameron is $117,300.
The Median Rent in Cameron is $936.
The Median Income in Cameron is $51,607.
The Home Value To Income in Cameron is 2.3x.
The Rent To Monthly Income in Cameron is 0.22x.
Statistic | Cameron | Missouri | United States |
---|---|---|---|
Median Home Value | $117,300 | $171,800 | $244,900 |
Median Rent | $936 | $886 | $1,163 |
Median Income | $51,607 | $61,043 | $69,021 |
Home Value To Income | 2.3x | 2.8x | 3.5x |
Rent To Monthly Income | 0.22x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Cameron. Here's a quick look at the cost of living in the most populous nearby places:
Liberty, MO has a cost of living index of 94, 1.1x Cameron.
Gladstone, MO has a cost of living index of 89, 1.0x Cameron.
Excelsior Springs, MO has a cost of living index of 89, 1.0x Cameron.
City | Population | Cost Of Living | Vs. Cameron |
---|---|---|---|
Liberty, MO | 30,129 | 94 | 1.1x |
Gladstone, MO | 26,825 | 89 | 1.0x |
Excelsior Springs, MO | 10,595 | 89 | 1.0x |
Kearney, MO | 10,260 | 96 | 1.1x |
Smithville, MO | 10,211 | 95 | 1.1x |
Chillicothe, MO | 9,253 | 82 | 1.0x |
King, NC | 7,258 | 91 | 1.1x |
Parkville, MO | 7,153 | 115 | 1.4x |
Trenton, MO | 5,547 | 82 | 1.0x |
Savannah, MO | 5,087 | 88 | 1.0x |