Cost of Living in Springfield, MO
Springfield is about 22% cheaper than the national average.
What Things Cost
Compared to the US average (100)
Census ACS 2024
Census ACS 2024
BEA RPP 2023
BEA RPP 2023
Springfield at a Glance
On the median income of $54,414, state income tax is roughly $2,612/year.
Sources: Census ACS 2024, Tax Foundation.
Springfield is the most affordable metro of any size in Missouri and one of the cheapest in the Midwest. The cost of living is about 16% below the national average. Bass Pro Shops is headquartered here, and the outdoor recreation culture (Ozark trails, lakes, rivers) defines the lifestyle. Missouri State University provides college-town energy. The median home price of roughly $195,000 makes homeownership accessible on modest incomes.
How People Get Around
Source: Census ACS 2024.
Who Lives Here
Source: Census ACS 2024.
Why People Move to Springfield
Bass Pro Shops' headquarters (including the Wonders of Wildlife aquarium) is a genuine attraction. The Ozarks provide excellent outdoor recreation: fishing, hiking, floating, and mountain biking. Route 66 history runs through the city. The food scene is unpretentious and affordable. The university adds cultural programming and young energy.
Neighborhoods
Downtown has been revitalized with restaurants and galleries on Commercial Street. Rountree neighborhood near MSU is walkable. Southern Hills is established residential. Nixa and Ozark to the south offer small-town suburban living.
Things to Consider
The job market is lower-paying than larger metros. Cultural diversity is limited. The city is in the heart of the Bible Belt, which shapes local culture. Tornado risk in the Ozark region is real. Healthcare quality trails larger metros. The distance from Kansas City (3 hours) creates geographic isolation.
Frequently Asked Questions About Springfield
Yes. About 16% below the national average. Median homes at $195,000 with median rent of $1,007. A household earning $45,000 can own a home and live comfortably. The value is genuine.
The Ozarks provide extensive options: Table Rock Lake, Bull Shoals Lake, the James River for floating, Wilson's Creek National Battlefield for hiking, and hundreds of miles of trails. Bass Pro Shops' origin here reflects the outdoor culture.
Missouri State University (24,000 students), Drury University, and Evangel University give Springfield college-town energy. The university presence adds restaurants, events, and a younger demographic to what would otherwise be a smaller Ozark city.