Cost of living in Rolla 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 Rolla 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 Rolla is 88, with 100 being the average.
The cost of living index in Rolla is 0.9x lower than the national average.
Rolla ranks as the #63 cheapest in Missouri out of 143.
Rolla ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Rolla is $142,900.
The median income in Rolla is $37,426.
According to the most recent data on the cost of living, Rolla has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Missouri, Rolla has a cost of living index that's 1.0x lower than Missouri's index of 89.
The standard of living in Rolla ranks as #63 most affordable out of the 143 places we measured in Missouri. By definition, that implies Rolla ranks as the #80 most expensive place in the Show Me State.
For more reading on life in Rolla, check out:
Six factors go into calculating the cost of living index in Rolla. Here is how it fairs on each of the criteria:
The Services index in Rolla is 95.
The Groceries index in Rolla is 97.
The Health index in Rolla is 98.
The Housing index in Rolla is 71.
The Transportation index in Rolla is 102.
The Utilities index in Rolla is 98.
Living Expense | Rolla | Missouri | National Average | |
---|---|---|---|---|
Overall | 88 | 89 | 100 | |
Services | 95 | 92 | 100 | |
Groceries | 97 | 96 | 100 | |
Health | 98 | 88 | 100 | |
Housing | 71 | 79 | 100 | |
Transportation | 102 | 95 | 100 | |
Utilities | 98 | 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 Rolla is $142,900.
The Median Rent in Rolla is $740.
The Median Income in Rolla is $37,426.
The Home Value To Income in Rolla is 3.8x.
The Rent To Monthly Income in Rolla is 0.24x.
Statistic | Rolla | Missouri | United States |
---|---|---|---|
Median Home Value | $142,900 | $171,800 | $244,900 |
Median Rent | $740 | $886 | $1,163 |
Median Income | $37,426 | $61,043 | $69,021 |
Home Value To Income | 3.8x | 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 Rolla. Here's a quick look at the cost of living in the most populous nearby places:
Fort Leonard Wood, MO has a cost of living index of 106, 1.2x Rolla.
Oak Grove, MO has a cost of living index of 91, 1.0x Rolla.
Sullivan, MO has a cost of living index of 84, 1.0x Rolla.
City | Population | Cost Of Living | Vs. Rolla |
---|---|---|---|
Fort Leonard Wood, MO | 15,629 | 106 | 1.2x |
Oak Grove, MO | 8,228 | 91 | 1.0x |
Sullivan, MO | 6,192 | 84 | 1.0x |
St. Robert, MO | 5,191 | 96 | 1.1x |