5 Cheapest Places to Live in Missouri: A Guide to Affordable Living

If you’re considering a move to Missouri and want to find the most affordable places to live, you’ve come to the right article. In this comprehensive guide, we will explore the cheapest places to live in Missouri, providing you with valuable insights to help you make an informed decision. From charming small towns to bustling cities, Missouri offers a variety of budget-friendly options that cater to different lifestyles and preferences. So, let’s dive in and discover the hidden gems where your dollar can stretch further!

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Nevertheless, one may find it quite affordable given that Missouri’s houses are priced fairly, taxes are few or less; the quality-of-life index is desirable among others. Here are some of the cheapest places to live in Missouri:

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1. Springfield

Springfield, in southwestern Missouri, is one of the most affordable cities in the state. Springfield has a low cost of living below the national average for housing, utilities and the availability of many budget friendly amenities. Whether you are a young professional, family or a retiree, Springfield has something to offer to everyone.

Springfield, Missouri’s got a lot going for it. About 167,000 people call it home. It’s lively but won’t break the bank and you can find a nice mix of things to do and its cheaper than other parts of Missouri.

Folks say Springfield gives you a high standard of living without the high price tag. That makes it a popular pick for people who want amenities without emptying their wallets.

Fun Facts about Springfield:

• Birthplace of Route 66: Springfield proudly holds the title of the Birthplace of Route 66, the iconic highway that stretches from Chicago, Illinois, to Santa Monica, California. Visitors can explore various Route 66 landmarks and enjoy the city’s nostalgic charm.
• Outdoor Recreation: Springfield is surrounded by beautiful natural landscapes, providing residents with ample opportunities for outdoor activities. The city is home to several parks, hiking trails, and lakes, offering options for fishing, boating, and camping.
• College Town: Springfield is home to several colleges and universities, including Missouri State University. This vibrant student population adds to the city’s cultural diversity and creates a lively atmosphere with numerous events, art exhibits, and performances.

What is the cost of living in Springfield Missouri

The median home price in Springfield is around $162,000, making it an attractive option for those looking to purchase a home.

Nearby Parks:

• Nathanael Greene/Close Memorial Park: This expansive park offers scenic walking trails, picnic areas, playgrounds, and a lake for fishing. It’s an ideal spot for outdoor recreation and relaxation.
• Springfield Conservation Nature Center: Situated on 80 acres of land, the nature center features walking trails, educational exhibits, and wildlife observation areas. It provides an opportunity to learn about the local flora and fauna.

Nearby Hospitals:

• Mercy Hospital Springfield: As one of the largest hospitals in the region, Mercy Hospital provides comprehensive medical services, including emergency care, specialized treatments, and state-of-the-art facilities.
• CoxHealth: CoxHealth is another prominent healthcare system in Springfield, offering a wide range of medical services, including specialized care, outpatient clinics, and urgent care centers.

2. Joplin

Situated in the southwestern corner of Missouri, Joplin is another affordable city worth considering. The cost of living in Joplin is notably lower than the national average, particularly regarding housing expenses. The city boasts a charming downtown area, a vibrant arts scene, and an abundance of outdoor recreational opportunities.

Joplin, Missouri is a charming city that is often recognized as one of the cheapest places to live in the state. With a population of approximately 51,186 residents, Joplin offers a low cost of living without compromising on essential amenities and community services.

Fun Facts about Joplin:

• Route 66 Legacy: Similar to Springfield, Joplin is also associated with the historic Route 66. The city has several Route 66 landmarks, including iconic diners, vintage motels, and nostalgic roadside attractions that attract tourists and road trip enthusiasts.
• Tornado Recovery: Joplin faced a devastating tornado in 2011, but the city showcased remarkable resilience in its recovery efforts. Today, visitors can witness the community’s spirit through the Joplin Memorial and various public art installations that commemorate the city’s journey of healing and renewal.
• Vibrant Arts Scene: Joplin has a thriving arts community, with numerous galleries, theaters, and art events. The city’s vibrant arts scene contributes to its cultural diversity and offers opportunities for residents to engage in creative pursuits.

What is the cost of living in Joplin Missouri

Joplin provides affordable housing options for individuals and families. The median home price in Joplin is around $120,000, making it an attractive choice for those seeking affordable homeownership.

In addition to purchasing a home, Joplin offers various rental options. The city has a range of apartments, duplexes, and rental homes available at affordable rates, catering to different budgets and preferences.

Nearby Parks:

• Cunningham Park: Located in the heart of Joplin, Cunningham Park provides a tranquil retreat with walking trails, picnic areas, and a serene pond. It’s a popular spot for outdoor activities and community gatherings.
• Wildcat Glades Conservation & Audubon Center: Situated just outside Joplin, this nature center features hiking trails, educational exhibits, and wildlife observation areas. It offers a chance to explore the unique flora and fauna of the region.

Nearby Hospitals:

• Freeman Health System: Freeman Health System is a leading healthcare provider in Joplin, offering a comprehensive range of medical services, including specialized treatments, emergency care, and state-of-the-art facilities.
• Mercy Hospital Joplin: Mercy Hospital Joplin is another prominent medical center in the area, providing a wide array of healthcare services, from primary care to specialized treatments and surgical procedures.

In summary, Joplin, Missouri stands out as one of the cheapest places to live in the state while offering essential amenities and a strong sense of community. With its affordable housing options, rich arts scene, and access to nearby parks and quality healthcare, Joplin provides a desirable living environment for residents looking for affordability without sacrificing quality of life.

3. Columbia

Home to the University of Missouri, Columbia combines affordability with a lively atmosphere. The city offers a range of housing options at competitive prices, as well as a low unemployment rate and excellent educational opportunities. With its diverse community and vibrant culture, Columbia has earned its spot as one of the most desirable places to live in Missouri.

Columbia, Missouri is a lively city known for its affordability and diverse community, making it one of the cheapest places to live in the state. With a population of approximately 125,249 residents (as of 2020), Columbia offers a range of amenities, educational institutions, and cultural attractions while maintaining a relatively low cost of living.

Fun Facts about Columbia:

• Home to the University of Missouri: Columbia is home to the University of Missouri, also known as Mizzou, which adds a vibrant and dynamic atmosphere to the city. The university brings in a diverse student population, cultural events, and a thriving sports scene.
• Festivals and Events: Columbia hosts a variety of festivals and events throughout the year, showcasing its lively arts and music scene. Events such as the True/False Film Fest, Roots N Blues N BBQ Festival, and the Art in the Park Festival offer opportunities for residents to engage in cultural celebrations.
• MKT Nature and Fitness Trail: Columbia boasts the MKT Nature and Fitness Trail, a scenic trail that spans nearly 10 miles and connects with the Katy Trail State Park. It provides a great recreational space for walking, jogging, cycling, and enjoying the beauty of nature.

What is the cost of living in Columbia Missouri

Columbia offers a range of housing options to suit different budgets. The median home price in Columbia is approximately $202,000, providing relatively affordable homeownership opportunities compared to other cities in Missouri.

For those who prefer renting, Columbia has a variety of rental options available, including apartments, townhouses, and rental homes. The city offers competitive rental rates, making it accessible for individuals and families seeking affordable housing solutions.

Nearby Parks:

• Rock Bridge Memorial State Park: Located just south of Columbia, Rock Bridge Memorial State Park offers scenic hiking trails, natural rock formations, and a picturesque cave system. It’s an ideal destination for outdoor enthusiasts and nature lovers.
• Cosmo Park: Cosmo Park is the largest park in Columbia, spanning over 533 acres. The park features sports fields, playgrounds, a skate park, a lake for fishing, and walking trails, providing ample recreational opportunities for residents of all ages.

Nearby Hospitals:

• Boone Hospital Center: Boone Hospital Center is a leading healthcare facility in Columbia, providing a wide range of medical services, including specialized care, emergency services, and advanced treatment options.
• University of Missouri Health Care: As part of the University of Missouri, the University of Missouri Health Care system offers comprehensive medical care, including primary care, specialized treatments, and access to cutting-edge research and technologies.

In summary, Columbia, Missouri stands out as one of the cheapest places to live in the state while offering a rich blend of educational opportunities, cultural events, and recreational spaces. With its affordable housing options, vibrant community, and access to nearby parks and quality healthcare, Columbia provides an attractive living environment for residents seeking affordability and high quality of life.

4. St. Joseph

Nestled along the Missouri River, St. Joseph is a historical city with affordable living options. Housing prices in St. Joseph are significantly lower than the national average, allowing residents to enjoy a comfortable lifestyle without breaking the bank. The city’s rich history, recreational parks, and charming downtown make it an appealing destination for budget-conscious individuals.

St. Joseph, Missouri is a charming city known for its affordability and historical significance, making it one of the cheapest places to live in the state. With a population of approximately 75,762 residents , St. Joseph offers a blend of small-town charm, economic opportunities, and a low cost of living.

Fun Facts about St. Joseph:

• The Pony Express: St. Joseph played a significant role in the pioneering days of the Pony Express, a mail delivery service that operated from 1860 to 1861. The Pony Express National Museum in St. Joseph showcases artifacts and exhibits that highlight the city’s connection to this historic endeavor.
• Birthplace of Jesse James: St. Joseph is the birthplace of the infamous outlaw, Jesse James. The Jesse James Home Museum allows visitors to explore the house where James was shot and killed and learn about his life and escapades.
• Robidoux Row: Robidoux Row, located in downtown St. Joseph, is a collection of historic buildings that date back to the mid-1800s. These buildings offer a glimpse into the city’s rich architectural heritage and serve as a reminder of its vibrant past.

What is the cost of living in St. Joseph Missouri

St. Joseph offers affordable housing options for individuals and families. As of 2021, the median home price in St. Joseph is approximately $110,000, making it an attractive choice for those looking for affordable homeownership.

For those interested in renting, St. Joseph provides various rental options, including apartments, duplexes, and rental homes. The city offers competitive rental rates, catering to different budgets and preferences.

Nearby Parks:

• Krug Park: Krug Park is a beautiful urban park located in St. Joseph. It features well-manicured gardens, walking trails, a lagoon for paddle boating, picnic areas, and a stunning rose garden. The park provides a serene escape for residents to enjoy nature and outdoor activities.
• Patee Park: Patee Park offers recreational amenities such as playgrounds, sports fields, and walking trails. The park is also home to the Patee House Museum, which showcases the city’s history and exhibits related to transportation and local culture.

Nearby Hospitals:

• Mosaic Life Care: Mosaic Life Care is a leading healthcare provider in St. Joseph, offering a comprehensive range of medical services, including specialized care, emergency services, and advanced treatments.
• Northwest Health Services: Northwest Health Services operates several clinics and medical facilities in St. Joseph, providing primary care, dental care, behavioral health services, and more.

In summary, St. Joseph, Missouri is one of the cheapest places to live in the state, offering affordable housing options and a rich historical heritage. With its connections to the Pony Express, the birthplace of Jesse James, and its affordable cost of living, St. Joseph provides a unique living experience for residents. Additionally, the city’s nearby parks and quality healthcare facilities contribute to a fulfilling and accessible lifestyle.

5. Hannibal

Known as the boyhood home of Mark Twain, Hannibal offers not only a slice of literary history but also affordable living. This picturesque town on the banks of the Mississippi River provides residents with a low cost of living and a strong sense of community. With its small-town charm and abundance of outdoor activities, Hannibal is an excellent choice for those seeking an affordable and peaceful lifestyle.

Hannibal, Missouri is a picturesque city known for its affordability and rich literary history, making it one of the cheapest places to live in the state. With a population of approximately 17,697 residents (as of 2020), Hannibal offers a small-town charm, a strong sense of community, and a low cost of living.

Fun Facts about Hannibal:

1. Mark Twain’s Hometown: Hannibal is renowned as the hometown of the famous American author, Mark Twain. Many of his literary works, including “The Adventures of Tom Sawyer” and “Adventures of Huckleberry Finn,” were inspired by his experiences growing up in Hannibal. Visitors can explore various Mark Twain-related attractions, such as the Mark Twain Boyhood Home and Museum, to learn more about his life and works.
2. Mississippi River Views: Located on the banks of the mighty Mississippi River, Hannibal offers stunning views of the river and its surroundings. The riverfront area provides opportunities for leisurely walks, riverboat cruises, and enjoying the scenic beauty of the waterway.
3. Annual Festivals: Hannibal hosts several annual festivals that celebrate its history, culture, and literary heritage. The National Tom Sawyer Days, held in July, features parades, live music, fireworks, and a variety of family-friendly activities. The Big River Steampunk Festival, held in September, showcases a unique blend of Victorian-era aesthetics and science fiction elements.

What is the cost of living in Hannibal Missouri

Hannibal provides affordable housing options for individuals and families. The median home price in Hannibal is approximately $83,000, making it an attractive choice for those seeking affordable homeownership.

For those preferring to rent, Hannibal offers a variety of rental options, including apartments, townhouses, and rental homes. The city provides competitive rental rates, catering to different budgets and preferences.

Nearby Parks:

• Riverview Park: Riverview Park is a scenic riverside park located in Hannibal. It offers walking paths, picnic areas, playgrounds, and breathtaking views of the Mississippi River. The park provides a tranquil setting for outdoor recreation and relaxation.
• Sodalis Nature Preserve: Situated just outside of Hannibal, Sodalis Nature Preserve is a beautiful natural area featuring hiking trails, wildlife observation areas, and unique geological formations. It offers opportunities for nature enthusiasts to explore and appreciate the local flora and fauna.

Nearby Hospitals:

• Hannibal Regional Hospital: Hannibal Regional Hospital is a leading healthcare facility in the region, offering a comprehensive range of medical services, including specialized care, emergency services, and state-of-the-art facilities.
• Blessing Hospital (Quincy, IL): Located across the Mississippi River in Quincy, Illinois, Blessing Hospital is a renowned medical center that serves the Hannibal area. It provides a wide range of healthcare services, including specialized treatments and advanced medical technologies.

In summary, Hannibal, Missouri is one of the cheapest places to live in the state, offering affordable housing options and a rich literary history. With its connections to Mark Twain, scenic Mississippi River views, and affordability, Hannibal provides a unique and inviting living environment. Additionally, the city’s nearby parks and access to quality healthcare facilities contribute to a fulfilling and accessible lifestyle for residents.

FAQs about the Cheapest Places to Live in Missouri

1. What factors make a place affordable to live in?

Affordability is influenced by several factors, including housing costs, utilities, transportation expenses, healthcare costs, and overall cost of living compared to the national average. When determining the affordability of a place, it’s essential to consider these factors and assess how they align with your budget and lifestyle.

2. Are there employment opportunities in the cheapest places to live in Missouri?

Yes, many of the cheapest places to live in Missouri offer ample employment opportunities across various industries. From healthcare and education to manufacturing and technology, these cities provide a range of job prospects for residents.

3. How can I find affordable housing in Missouri?

To find affordable housing in Missouri, you can explore websites and platforms specializing in real estate listings, such as Zillow, Realt

or.com, or local real estate agencies. Additionally, contacting property management companies and utilizing social media groups focused on housing in the desired area can help you discover affordable options.

4. What are the average rental prices in the cheapest places to live in Missouri?

Rental prices vary depending on the location and size of the property. However, as of the latest data, the average rental prices in the cheapest places to live in Missouri range from $600 to $900 per month for a one-bedroom apartment.

5. Are there affordable educational institutions in these areas?

Yes, many of the cheapest places to live in Missouri offer affordable educational institutions, including community colleges, state universities, and vocational schools. These institutions provide excellent education at a reasonable cost, making them accessible to a broader range of students.

6. Is healthcare affordable in the cheapest places to live in Missouri?

Missouri, as a whole, offers relatively affordable healthcare compared to other states in the U.S. In the cheapest places to live, you can find healthcare providers and facilities that offer quality services at reasonable prices. It’s advisable to research and compare healthcare options and consider health insurance coverage to ensure comprehensive and cost-effective care.

Wrap up of Cheapest Places to Live in Missouri

Missouri is a state that presents numerous affordable living options, making it an ideal destination for individuals and families looking to make their budgets go further. Whether you prefer the charm of small towns or the amenities of larger cities, Missouri has something to offer everyone.

From Springfield’s affordability and Joplin’s vibrant arts scene to Columbia’s educational opportunities and St. Joseph’s historical charm, you’ll find diverse and budget-friendly communities throughout the state. Consider your priorities, explore the options, and embark on a new chapter in one of the cheapest places to live in Missouri.