Cost of living in Caruthersville 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 Caruthersville 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 Caruthersville is 80, with 100 being the average.
The cost of living index in Caruthersville is 0.8x lower than the national average.
Caruthersville ranks as the #5 cheapest in Missouri out of 142.
Caruthersville ranks as the #112 cheapest out of 6,489 in the US.
The median home value in Caruthersville is $84,248.
The median income in Caruthersville is $35,903.
According to the most recent data on the cost of living, Caruthersville has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Missouri, Caruthersville has a cost of living index that's 0.9x lower than Missouri's index of 88.
The standard of living in Caruthersville ranks as #5 most affordable out of the 142 places we measured in Missouri. By definition, that implies Caruthersville ranks as the #137 most expensive place in the Show Me State.
For more reading on life in Caruthersville, check out:
Six factors go into calculating the cost of living index in Caruthersville. Here is how it fairs on each of the criteria:
The Services index in Caruthersville is 95.
The Groceries index in Caruthersville is 98.
The Health index in Caruthersville is 88.
The Housing index in Caruthersville is 59.
The Transportation index in Caruthersville is 89.
The Utilities index in Caruthersville is 87.
| Living Expense | Caruthersville | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 80 | 88 | 100 | |
| Services | 95 | 93 | 100 | |
| Groceries | 98 | 96 | 100 | |
| Health | 88 | 91 | 100 | |
| Housing | 59 | 78 | 100 | |
| Transportation | 89 | 90 | 100 | |
| Utilities | 87 | 99 | 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 2019-2023. The key points are:
The Median Home Value in Caruthersville is $84,248.
The Median Rent in Caruthersville is $771.
The Median Income in Caruthersville is $35,903.
The Home Value To Income in Caruthersville is 2.3x.
The Rent To Monthly Income in Caruthersville is 0.26x.
| Statistic | Caruthersville | Missouri | United States |
|---|---|---|---|
| Median Home Value | $84,248 | $257,929 | $303,400 |
| Median Rent | $771 | $996 | $1,348 |
| Median Income | $35,903 | $68,920 | $78,538 |
| Home Value To Income | 2.3x | 3.7x | 3.9x |
| Rent To Monthly Income | 0.26x | 0.17x | 0.21x |
| Item | Caruthersville | Missouri |
|---|---|---|
| Shampoo | $1.08 | $1.28 |
| Movie | $11.93 | $12.13 |
| Bowling | $12.5 | $18 |
| Haircut | $24.01 | $24.26 |
| Beauty Salon | $33.55 | $45.56 |
| Item | Caruthersville | Missouri |
|---|---|---|
| Ground Beef | $5.94 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.54 | $4.67 |
| Potatoes | $5.03 | $4.93 |
| Pizza | $12.0 | $12.09 |
| Beer | $9.74 | $10.41 |
| Toothpaste | $3.74 | $3.7 |
| Item | Caruthersville | Missouri |
|---|---|---|
| Optometrist | $127.08 | $125.68 |
| Doctor | $138.39 | $135.78 |
| Dentist | $86.67 | $113.29 |
| Item | Caruthersville | Missouri |
|---|---|---|
| Gasoline | $3.15 | $3.46 |
| Tire Balancing | $50.5 | $59.92 |
| Item | Caruthersville | Missouri |
|---|---|---|
| All Electricity | $148.29 | $193.99 |
| Phone | $192.18 | $192.25 |
The cost of living varies in the cities and towns around Caruthersville. Here's a quick look at the cost of living in the most populous nearby places:
Paragould, AR has a cost of living index of 86, 1.1x Caruthersville.
Sikeston, MO has a cost of living index of 86, 1.1x Caruthersville.
Dyersburg, TN has a cost of living index of 86, 1.1x Caruthersville.
| City | Population | Cost Of Living | Vs. Caruthersville |
|---|---|---|---|
| Paragould, AR | 29,940 | 86 | 1.1x |
| Sikeston, MO | 16,231 | 86 | 1.1x |
| Dyersburg, TN | 16,075 | 86 | 1.1x |
| Blytheville, AR | 13,026 | 82 | 1.0x |
| Martin, TN | 10,864 | 86 | 1.1x |
| Brownsville, TN | 9,634 | 80 | 1.0x |
| Dexter, MO | 7,906 | 79 | 1.0x |
| Osceola, AR | 6,807 | 82 | 1.0x |