Financial Profile: Missouri
Financial landscape, tax rates, cost of living, and median income scoring for Missouri residents.
Missouri at a Glance
Avg Salary
$54,000
Cost of Living
88
Top Tax Rate
4.8%
Adjusted Income
$61,363
Monthly Take-Home
$3,565
Max Rent (30%)
$1,350
Financial Genome at Median Income
Scores calculated for someone earning $54,000/yr in Missouri with typical expenses.
PPI
53
C+
FPI
25
F
LRS
56
C+
REW
30
D
Living in Missouri: Financial Overview
Missouri has graduated rates from 2% to 4.8%. Kansas City and St. Louis have local income taxes.
- Low cost of living
- Major metros have local taxes
- Central location
Major Cities
Kansas City, St. Louis, Springfield, Columbia
With a cost of living index of 88 (below the national average of 100), your dollar goes further in Missouri. A $60,000 salary here has the purchasing power equivalent of $68,181 in an average-cost area.
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