Zip 63540 (Gibbs, MO) Cost of Living


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Gibbs cost of living score
75.1
Less expensive
24.9% lower
than the US average
12.3% lower
than the Missouri average
Gibbs (zip 63540), Missouri gets a BestPlaces Cost of Living score of 75.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.9% lower than the U.S. average and 12.3% higher than the average for Missouri.

Zip 63540 (Gibbs, MO)

Housing costs in Gibbs?
A typical home costs $81,000, which is 76.0% less expensive than the national average of $338,100 and 61.8% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Gibbs costs $650 per month, which is 31.6% cheaper than the national average of $950 and 15.4% cheaper than the state average of $750.

Can I afford Gibbs?
To live comfortably in Gibbs (zip 63540), Missouri, a minimum annual income of $15,480 for a family, and $19,600 for a single person is recommended.

What does A.I. say about Gibbs?
The cost of living in 63540 Gibbs, MO is quite reasonable compared to the rest of Missouri. The median home value is $78,300, which is significantly lower than the state average of $164,000. In addition, the median household income of $41,000 is about 17% lower than the state average. This allows for more affordable housing and a lower cost of living overall. Utilities tend to be slightly higher than the national average but groceries and transportation costs are in line with what can be found elsewhere in Missouri. All in all, 63540 Gibbs has a very comfortable cost of living that makes it an ideal place to live for those who want to save money while still enjoying all Missouri has to offer.
   Cost of living score
     CategoriesGibbsMissouriUnited States
  75.185.6100.0
  86.894.9100
  122.2104.3100.0
  38.466.5100.0
  $81,000$212,300$338,100
  101.6%98.5%100.0%
  64.486.2100.0
  83.285.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime