What is the Cost of Living like in Springfield?
One of the major factors attracting people to the Ozarks is the surprisingly low cost of living in Springfield, MO. Whether you’re investing in a home, or simply buying groceries or gas, your hard-earned money stretches a lot further here.
Cost of Living Compared to National Average
In Springfield, the average cost of living is 14% lower than the national average. View the chart below to see an expanded breakdown of how Springfield compares in various economic categories to the national average (2021 data shown below).
Springfield, MO vs. Other U.S. Cities Cost of Living
In 2021, Kiplinger ranked Springfield among “The 25 Cheapest U.S. Cities to Live In.” Our cost-of-living index is 90.4 on a scale where the average is 100—significantly lower than Los Angeles at 149.3, Boston at 153.2, Dallas at 103.5 and Denver 109.7.
With major cities relatively close by, check out these quick comparisons to what Springfield’s cost of living is:
- 2.93.3% lower than Kansas City
- 3.1% lower than Nashville
- 13.1% lower than Dallas
- 32.9% lower than Chicago
Salary Comparison & Affordability Calculator
Want to know what you could afford if you made the move to Springfield? Using the index calculator below, input your yearly base salary and select which state you currently reside in to run a quick cost comparison. We bet you’ll be surprised at your cost of living results!