Hannibal, MO Cost of Living


3 Reviews



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Hannibal cost of living score
77.6
Less expensive
22.4% lower
than the US average
9.3% lower
than the Missouri average
Hannibal, Missouri gets a BestPlaces Cost of Living score of 77.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.4% lower than the U.S. average and 9.3% higher than the average for Missouri.

Hannibal, MO

Housing costs in Hannibal?
A typical home costs $131,700, which is 61.0% less expensive than the national average of $338,100 and 38.0% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Hannibal costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 23.4% cheaper than the state average of $950.

Can I afford Hannibal?
To live comfortably in Hannibal, Missouri, a minimum annual income of $25,200 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Hannibal?
The cost of living in Hannibal, MO is quite affordable. The average home price is around $130,000, which is lower than the national average, and the city also has a low cost of living overall. In addition to housing prices, food and other necessities are quite affordable as well. The unemployment rate in Hannibal is also below the national average. This makes it easy for families to find work and make ends meet without much difficulty. With its low cost of living and employment opportunities, Hannibal provides an ideal home for those who want to live comfortably without spending too much money.
   Cost of living score
     CategoriesHannibalMissouriUnited States
  77.685.6100.0
  93.694.9100
  137.9104.3100.0
  37.366.5100.0
  $131,700$212,300$338,100
  97.5%98.5%100.0%
  61.486.2100.0
  77.885.6100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Hannibal
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Over 15 years ago

I grew up in Hannibal, MO. It has advantages of low cost of living and a beautiful River View Park. It is a small town where everyone knows everybody. If they don't like  More

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Over 16 years ago

Pros: 1. Low crime rate 2. Extremely low cost of living 3. Affordable place to live 4. Good school system 5. Very nice downtown 6. The Mark Twain amenities, such  More

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Only real problems Hannibal has had going all the way back to Samual Clemens are those typical of small town petty politics which seem to always plague it. Plenty of  More

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