Excelsior Springs, MO Cost Of Living
Cost Of Living In Excelsior Springs, MO Summary
Cost of living in Excelsior Springs 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 Excelsior Springs 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 Excelsior Springs is 90, with 100 being the average.
The cost of living index in Excelsior Springs is 0.9x lower than the national average.
Excelsior Springs ranks as the #69 cheapest in Missouri out of 142.
Excelsior Springs ranks as the #1,206 cheapest out of 6,489 in the US.
The median home value in Excelsior Springs is $222,946.
The median income in Excelsior Springs is $74,056.
Table Of Contents
Excelsior Springs's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Excelsior Springs, MO?
According to the most recent data on the cost of living, Excelsior Springs has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Missouri, Excelsior Springs has a cost of living index that's 1.0x higher than Missouri's index of 88.
The standard of living in Excelsior Springs ranks as #69 most affordable out of the 142 places we measured in Missouri. By definition, that implies Excelsior Springs ranks as the #73 most expensive place in the Show Me State.
For more reading on life in Excelsior Springs, check out:
In Missouri
In America
Excelsior Springs Cost Of Living Vs. Missouri
Six factors go into calculating the cost of living index in Excelsior Springs. Here is how it fairs on each of the criteria:
The Services index in Excelsior Springs is 90.
The Groceries index in Excelsior Springs is 95.
The Health index in Excelsior Springs is 83.
The Housing index in Excelsior Springs is 75.
The Transportation index in Excelsior Springs is 87.
The Utilities index in Excelsior Springs is 111.
| Living Expense | Excelsior Springs | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 90 | 88 | 100 | |
| Services | 90 | 93 | 100 | |
| Groceries | 95 | 96 | 100 | |
| Health | 83 | 91 | 100 | |
| Housing | 75 | 78 | 100 | |
| Transportation | 87 | 90 | 100 | |
| Utilities | 111 | 99 | 100 | |
Excelsior Springs, MO Housing Cost Breakdown
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 Excelsior Springs is $222,946.
The Median Rent in Excelsior Springs is $907.
The Median Income in Excelsior Springs is $74,056.
The Home Value To Income in Excelsior Springs is 3.0x.
The Rent To Monthly Income in Excelsior Springs is 0.15x.
| Statistic | Excelsior Springs | Missouri | United States |
|---|---|---|---|
| Median Home Value | $222,946 | $257,929 | $303,400 |
| Median Rent | $907 | $996 | $1,348 |
| Median Income | $74,056 | $68,920 | $78,538 |
| Home Value To Income | 3.0x | 3.7x | 3.9x |
| Rent To Monthly Income | 0.15x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Excelsior Springs, MO Costs By Category
Detailed Excelsior Springs Services Costs Vs. Missouri
| Item | Excelsior Springs | Missouri |
|---|---|---|
| Shampoo | $1.42 | $1.28 |
| Movie | $12.03 | $12.13 |
| Bowling | $15.57 | $18 |
| Haircut | $20.3 | $24.26 |
| Beauty Salon | $33.43 | $45.56 |
Detailed Excelsior Springs Groceries Costs Vs. Missouri
| Item | Excelsior Springs | Missouri |
|---|---|---|
| Ground Beef | $6.31 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.62 | $4.67 |
| Potatoes | $5.24 | $4.93 |
| Pizza | $11.48 | $12.09 |
| Beer | $9.39 | $10.41 |
| Toothpaste | $3.7 | $3.7 |
Detailed Excelsior Springs Health Costs Vs. Missouri
| Item | Excelsior Springs | Missouri |
|---|---|---|
| Optometrist | $96.5 | $125.68 |
| Doctor | $90.2 | $135.78 |
| Dentist | $100.33 | $113.29 |
Detailed Excelsior Springs Transportation Costs Vs. Missouri
| Item | Excelsior Springs | Missouri |
|---|---|---|
| Gasoline | $3.17 | $3.46 |
| Tire Balancing | $49.17 | $59.92 |
Detailed Excelsior Springs Utilities Costs Vs. Missouri
| Item | Excelsior Springs | Missouri |
|---|---|---|
| All Electricity | $217.1 | $193.99 |
| Phone | $199.94 | $192.25 |
Excelsior Springs SnackAbility
/10
Cost Of Living In Cities Around Excelsior Springs
The cost of living varies in the cities and towns around Excelsior Springs. Here's a quick look at the cost of living in the most populous nearby places:
Independence, MO has a cost of living index of 86, 1.0x Excelsior Springs.
Liberty, MO has a cost of living index of 97, 1.1x Excelsior Springs.
Gladstone, MO has a cost of living index of 91, 1.0x Excelsior Springs.
| City | Population | Cost Of Living | Vs. Excelsior Springs |
|---|---|---|---|
| Independence, MO | 121,944 | 86 | 1.0x |
| Liberty, MO | 30,446 | 97 | 1.1x |
| Gladstone, MO | 27,069 | 91 | 1.0x |
| Kearney, MO | 10,696 | 101 | 1.1x |
| Smithville, MO | 10,552 | 96 | 1.1x |
| Richmond, MO | 5,979 | 81 | 0.9x |
