Cost of living in Fulton 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 Fulton 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 Fulton is 86, with 100 being the average.
The cost of living index in Fulton is 0.9x lower than the national average.
Fulton ranks as the #47 cheapest in Missouri out of 143.
Fulton ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Fulton is $134,300.
The median income in Fulton is $51,855.
According to the most recent data on the cost of living, Fulton has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Missouri, Fulton has a cost of living index that's 1.0x lower than Missouri's index of 89.
The standard of living in Fulton ranks as #47 most affordable out of the 143 places we measured in Missouri. By definition, that implies Fulton ranks as the #96 most expensive place in the Show Me State.
For more reading on life in Fulton, check out:
Six factors go into calculating the cost of living index in Fulton. Here is how it fairs on each of the criteria:
The Services index in Fulton is 101.
The Groceries index in Fulton is 98.
The Health index in Fulton is 97.
The Housing index in Fulton is 62.
The Transportation index in Fulton is 90.
The Utilities index in Fulton is 97.
Living Expense | Fulton | Missouri | National Average | |
---|---|---|---|---|
Overall | 86 | 89 | 100 | |
Services | 101 | 92 | 100 | |
Groceries | 98 | 96 | 100 | |
Health | 97 | 88 | 100 | |
Housing | 62 | 79 | 100 | |
Transportation | 90 | 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 Fulton is $134,300.
The Median Rent in Fulton is $753.
The Median Income in Fulton is $51,855.
The Home Value To Income in Fulton is 2.6x.
The Rent To Monthly Income in Fulton is 0.17x.
Statistic | Fulton | Missouri | United States |
---|---|---|---|
Median Home Value | $134,300 | $171,800 | $244,900 |
Median Rent | $753 | $886 | $1,163 |
Median Income | $51,855 | $61,043 | $69,021 |
Home Value To Income | 2.6x | 2.8x | 3.5x |
Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Fulton. Here's a quick look at the cost of living in the most populous nearby places:
Columbia, MO has a cost of living index of 95, 1.1x Fulton.
Middletown, NY has a cost of living index of 107, 1.2x Fulton.
Jamestown, ND has a cost of living index of 91, 1.1x Fulton.
City | Population | Cost Of Living | Vs. Fulton |
---|---|---|---|
Columbia, MO | 124,342 | 95 | 1.1x |
Middletown, NY | 30,086 | 107 | 1.2x |
Jamestown, ND | 15,823 | 91 | 1.1x |
Moberly, MO | 13,933 | 82 | 1.0x |
Mexico, MO | 11,592 | 87 | 1.0x |
Warrenton, MO | 8,450 | 89 | 1.0x |
Boonville, MO | 8,036 | 88 | 1.0x |