Cost of living in Sedalia 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 Sedalia 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 Sedalia is 84, with 100 being the average.
The cost of living index in Sedalia is 0.8x lower than the national average.
Sedalia ranks as the #31 cheapest in Missouri out of 143.
Sedalia ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Sedalia is $106,000.
The median income in Sedalia is $44,487.
According to the most recent data on the cost of living, Sedalia has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Missouri, Sedalia has a cost of living index that's 0.9x lower than Missouri's index of 89.
The standard of living in Sedalia ranks as #31 most affordable out of the 143 places we measured in Missouri. By definition, that implies Sedalia ranks as the #112 most expensive place in the Show Me State.
For more reading on life in Sedalia, check out:
Six factors go into calculating the cost of living index in Sedalia. Here is how it fairs on each of the criteria:
The Services index in Sedalia is 100.
The Groceries index in Sedalia is 97.
The Health index in Sedalia is 100.
The Housing index in Sedalia is 55.
The Transportation index in Sedalia is 90.
The Utilities index in Sedalia is 96.
Living Expense | Sedalia | Missouri | National Average | |
---|---|---|---|---|
Overall | 84 | 89 | 100 | |
Services | 100 | 92 | 100 | |
Groceries | 97 | 96 | 100 | |
Health | 100 | 88 | 100 | |
Housing | 55 | 79 | 100 | |
Transportation | 90 | 95 | 100 | |
Utilities | 96 | 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 Sedalia is $106,000.
The Median Rent in Sedalia is $762.
The Median Income in Sedalia is $44,487.
The Home Value To Income in Sedalia is 2.4x.
The Rent To Monthly Income in Sedalia is 0.21x.
Statistic | Sedalia | Missouri | United States |
---|---|---|---|
Median Home Value | $106,000 | $171,800 | $244,900 |
Median Rent | $762 | $886 | $1,163 |
Median Income | $44,487 | $61,043 | $69,021 |
Home Value To Income | 2.4x | 2.8x | 3.5x |
Rent To Monthly Income | 0.21x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Sedalia. Here's a quick look at the cost of living in the most populous nearby places:
Warrensburg, MO has a cost of living index of 92, 1.1x Sedalia.
Jamestown, ND has a cost of living index of 91, 1.1x Sedalia.
Marshall, MO has a cost of living index of 88, 1.0x Sedalia.
City | Population | Cost Of Living | Vs. Sedalia |
---|---|---|---|
Warrensburg, MO | 19,509 | 92 | 1.1x |
Jamestown, ND | 15,823 | 91 | 1.1x |
Marshall, MO | 13,431 | 88 | 1.0x |
Clinton, MO | 8,844 | 86 | 1.0x |
Boonville, MO | 8,036 | 88 | 1.0x |
Odessa, MO | 5,538 | 88 | 1.0x |