Hannibal, MO Cost Of Living

The latest cost of living statistics for Hannibal. Includes statistics on rent, mortgages, healthcare, and other costs for Hannibal compared to the state and national averages.

Cost of living in Hannibal, Missouri

Cost of living in Hannibal 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 Hannibal 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:

86 Cost of living index 0.9x lower vs US
#25 Cheapest in Missouri (of 144)
#476 Cheapest in the U.S. (of 6,489)
$172,131 Median home value
$805 Median rent
$53,721 Median income
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What is the cost of living in Hannibal, MO?

According to the most recent data on the cost of living, Hannibal has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.

Compared to Missouri, Hannibal has a cost of living index that's 1.0x lower than Missouri's index of 90.

The standard of living in Hannibal ranks as #25 most affordable out of the 144 places we measured in Missouri. By definition, that implies Hannibal ranks as the #119 most expensive place in the Show Me State.

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Hannibal Cost Of Living Vs. Missouri

Six factors go into calculating the cost of living index in Hannibal. Here is how it fares on each of the criteria:

  • The Services index in Hannibal is 100.

  • The Groceries index in Hannibal is 97.

  • The Health index in Hannibal is 64.

  • The Housing index in Hannibal is 101.

  • The Transportation index in Hannibal is 98.

  • The Utilities index in Hannibal is 100.

Living Expense Hannibal Missouri National Average
Overall 86 90 100
Services 100 97 100
Groceries 97 98 100
Health 64 76 100
Housing 101 95 100
Transportation 98 94 100
Utilities 100 96 100

Hannibal Cost Of Living Compared To Missouri Averages

Services
Hannibal 100
Missouri avg 97
Groceries
Hannibal 97
Missouri avg 98
Health
Hannibal 64
Missouri avg 76
Housing
Hannibal 101
Missouri avg 95
Transportation
Hannibal 98
Missouri avg 94
Utilities
Hannibal 100
Missouri avg 96

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Missouri, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Hannibal, MO Housing Cost Breakdown

$172,131Median Home Value
$805Median Rent
$53,721Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Hannibal is $172,131.

  • The Median Rent in Hannibal is $805.

  • The Median Income in Hannibal is $53,721.

  • The Home Value To Income in Hannibal is 3.2x.

  • The Rent To Monthly Income in Hannibal is 0.18x.

Statistic Hannibal Missouri United States
Median Home Value $172,131 $263,040 $332,700
Median Rent $805 $1,033 $1,413
Median Income $53,721 $70,702 $80,734
Home Value To Income 3.2x 3.7x 4.1x
Rent To Monthly Income 0.18x 0.18x 0.21x

Hannibal, MO Costs By Category

Detailed Hannibal Services costs vs. Missouri
Item Hannibal Missouri
Shampoo $1.05 $1.28
Movie $11.64 $12.13
Bowling $16.11 $18
Haircut $24.14 $24.26
Beauty Salon $44.94 $45.56
Detailed Hannibal Groceries costs vs. Missouri
Item Hannibal Missouri
Ground Beef $6.28 $5.84
Fried Chicken $1.4 $1.57
Milk $4.66 $4.67
Potatoes $4.7 $4.93
Pizza $10.74 $12.09
Beer $9.14 $10.41
Toothpaste $3.76 $3.7
Detailed Hannibal Health costs vs. Missouri
Item Hannibal Missouri
Optometrist $135.25 $125.68
Doctor $141.87 $135.78
Dentist $99.33 $113.29
Detailed Hannibal Transportation costs vs. Missouri
Item Hannibal Missouri
Gasoline $3.24 $3.46
Tire Balancing $47.66 $59.92
Detailed Hannibal Utilities costs vs. Missouri
Item Hannibal Missouri
All Electricity $168.45 $193.99
Phone $197.21 $192.25

Hannibal SnackAbility

4Overall SnackAbility
Jobs 6/10
Housing 5/10
Affordability 8/10
Diversity 6/10
Safety 4/10
Amenities 8/10
Education 6/10
Commute 9.5/10

Cost Of Living In Cities Around Hannibal

The cost of living varies in the cities and towns around Hannibal. Here's a quick look at the cost of living in the most populous nearby places:

  • Quincy, IL has a cost of living index of 89, 1.0x Hannibal.

  • Monroe, NC has a cost of living index of 100, 1.2x Hannibal.

  • Middletown, NY has a cost of living index of 111, 1.3x Hannibal.

City Population Cost Of Living Vs. Hannibal
Quincy, IL 39,109 89 1.0x
Monroe, NC 36,759 100 1.2x
Middletown, NY 30,289 111 1.3x
Mexico, MO 11,477 85 1.0x
Keokuk, IA 9,662 86 1.0x
Lewistown, MT 6,087 89 1.0x