Cost of living in Sikeston 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 Sikeston 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 Sikeston is 86, with 100 being the average.
The cost of living index in Sikeston is 0.9x lower than the national average.
Sikeston ranks as the #47 cheapest in Missouri out of 143.
Sikeston ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Sikeston is $138,100.
The median income in Sikeston is $46,029.
According to the most recent data on the cost of living, Sikeston has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Missouri, Sikeston has a cost of living index that's 1.0x lower than Missouri's index of 89.
The standard of living in Sikeston ranks as #47 most affordable out of the 143 places we measured in Missouri. By definition, that implies Sikeston ranks as the #96 most expensive place in the Show Me State.
For more reading on life in Sikeston, check out:
Six factors go into calculating the cost of living index in Sikeston. Here is how it fairs on each of the criteria:
The Services index in Sikeston is 98.
The Groceries index in Sikeston is 93.
The Health index in Sikeston is 91.
The Housing index in Sikeston is 61.
The Transportation index in Sikeston is 90.
The Utilities index in Sikeston is 89.
Living Expense | Sikeston | Missouri | National Average | |
---|---|---|---|---|
Overall | 86 | 89 | 100 | |
Services | 98 | 92 | 100 | |
Groceries | 93 | 96 | 100 | |
Health | 91 | 88 | 100 | |
Housing | 61 | 79 | 100 | |
Transportation | 90 | 95 | 100 | |
Utilities | 89 | 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 Sikeston is $138,100.
The Median Rent in Sikeston is $765.
The Median Income in Sikeston is $46,029.
The Home Value To Income in Sikeston is 3.0x.
The Rent To Monthly Income in Sikeston is 0.2x.
Statistic | Sikeston | Missouri | United States |
---|---|---|---|
Median Home Value | $138,100 | $171,800 | $244,900 |
Median Rent | $765 | $886 | $1,163 |
Median Income | $46,029 | $61,043 | $69,021 |
Home Value To Income | 3.0x | 2.8x | 3.5x |
Rent To Monthly Income | 0.2x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Sikeston. Here's a quick look at the cost of living in the most populous nearby places:
Wilson, NC has a cost of living index of 92, 1.1x Sikeston.
Cape Girardeau, MO has a cost of living index of 86, 1.0x Sikeston.
Poplar Bluff, MO has a cost of living index of 82, 1.0x Sikeston.
City | Population | Cost Of Living | Vs. Sikeston |
---|---|---|---|
Wilson, NC | 47,914 | 92 | 1.1x |
Cape Girardeau, MO | 39,415 | 86 | 1.0x |
Poplar Bluff, MO | 16,318 | 82 | 1.0x |
Jackson, MO | 15,272 | 92 | 1.1x |
Dexter, MO | 7,947 | 80 | 0.9x |
Caruthersville, MO | 5,606 | 78 | 0.9x |
Charleston, MO | 5,184 | 74 | 0.9x |