Springfield, Missouri has an overall cost of living index of 90.1, which is 9.9 points below the US average of 100 — making it more affordable than most American cities. Renters pay a median of $964 per month, while the typical home is valued around $177,700. Households earn a median of $49,311 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 41. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$49,311
Annual · Census ACS
Median Gross Rent
$964
Per month · Census ACS
Median Home Value
$177,700
Census ACS
Cost of Living Index
90.1
BEA RPP · US avg = 100
Studio FMR
$877
HUD Fair Market Rent
1BR Fair Market Rent
$883
HUD FMR
2BR Fair Market Rent
$1,095
HUD FMR
3BR Fair Market Rent
$1,498
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
Each category is indexed to the US average of 100. Below 100 = cheaper than average.
Overall
90.1
Goods
97.4
Rents / Housing
73.7
Services
81.9
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | $91,560 |
| 🏥Registered Nurse | $71,060 |
| 📚Elementary Teacher | $50,390 |
| ⚡Electrician | $58,520 |
| 📊Accountant | $84,850 |
| 🔧Plumber | $56,800 |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | $100,620 |
| 👔Operations Manager | $159,510 |
| 📈Market Research Analyst | $72,590 |
| 🏢Health Services Manager | $137,960 |
| 🚛Truck Driver | $58,990 |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
169,954
Latest estimate
Median Age
33.7 yrs
Census ACS
Average AQI
41.0
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
49
0–100 scale
Avg Median Rent
$952
Per month
Avg Home Value
$174,833
Census ACS
January Avg
34°F
July Avg
79°F
Sunny Days / Year
241
Annual Snowfall
—
Climate category: Temperate · Source: NOAA/NCEI 30-year normals.
Healthcare Score
30.1
poor
Hospitals
4
Doctors per 1,000
1.00
Insurance Coverage
87.4%
What is the cost of living index for Springfield?
Springfield has a Regional Price Parity (RPP) index of 90.1. The US national average is 100, so Springfield is 9.9 points below the national average.
What is the median rent in Springfield?
The median gross rent in Springfield is $964 per month according to US Census ACS data.
What is the median household income in Springfield?
The median household income in Springfield is $49,311 per year.
What is the median home value in Springfield?
The median home value in Springfield is $177,700 based on the latest Census ACS survey.
How is the air quality in Springfield?
Springfield has an average Air Quality Index (AQI) of 41.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
What are the taxes like in Springfield?
Tax data for Missouri is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
