Cost of living in Carthage 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 Carthage 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 Carthage is 78, with 100 being the average.
The cost of living index in Carthage is 0.8x lower than the national average.
Carthage ranks as the #4 cheapest in Missouri out of 143.
Carthage ranks as the #113 cheapest out of 6,412 in the US.
The median home value in Carthage is $109,800.
The median income in Carthage is $41,378.
According to the most recent data on the cost of living, Carthage has an overall cost of living index of 78, which is 0.8x lower than the national index of 100.
Compared to Missouri, Carthage has a cost of living index that's 0.9x lower than Missouri's index of 89.
The standard of living in Carthage ranks as #4 most affordable out of the 143 places we measured in Missouri. By definition, that implies Carthage ranks as the #139 most expensive place in the Show Me State.
For more reading on life in Carthage, check out:
Six factors go into calculating the cost of living index in Carthage. Here is how it fairs on each of the criteria:
The Services index in Carthage is 86.
The Groceries index in Carthage is 89.
The Health index in Carthage is 93.
The Housing index in Carthage is 55.
The Transportation index in Carthage is 88.
The Utilities index in Carthage is 105.
Living Expense | Carthage | Missouri | National Average | |
---|---|---|---|---|
Overall | 78 | 89 | 100 | |
Services | 86 | 92 | 100 | |
Groceries | 89 | 96 | 100 | |
Health | 93 | 88 | 100 | |
Housing | 55 | 79 | 100 | |
Transportation | 88 | 95 | 100 | |
Utilities | 105 | 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 Carthage is $109,800.
The Median Rent in Carthage is $799.
The Median Income in Carthage is $41,378.
The Home Value To Income in Carthage is 2.7x.
The Rent To Monthly Income in Carthage is 0.23x.
Statistic | Carthage | Missouri | United States |
---|---|---|---|
Median Home Value | $109,800 | $171,800 | $244,900 |
Median Rent | $799 | $886 | $1,163 |
Median Income | $41,378 | $61,043 | $69,021 |
Home Value To Income | 2.7x | 2.8x | 3.5x |
Rent To Monthly Income | 0.23x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Carthage. Here's a quick look at the cost of living in the most populous nearby places:
Joplin, MO has a cost of living index of 82, 1.1x Carthage.
Neosho, MO has a cost of living index of 77, 1.0x Carthage.
Monett, MO has a cost of living index of 83, 1.1x Carthage.
City | Population | Cost Of Living | Vs. Carthage |
---|---|---|---|
Joplin, MO | 51,539 | 82 | 1.1x |
Neosho, MO | 12,439 | 77 | 1.0x |
Monett, MO | 9,512 | 83 | 1.1x |
Carl Junction, MO | 8,099 | 88 | 1.1x |
Aurora, MO | 7,268 | 82 | 1.1x |
Grove, OK | 6,900 | 87 | 1.1x |