Zip 64461 (Hopkins, MO) Cost of Living


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How much do I need to live in Hopkins, Missouri?
$1,950 / month
for a family, 63.9% less expensive than the national average A total of $23,400 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Hopkins cost of living score
77.4
Less expensive
22.6% lower
than the US average
9.6% lower
than the Missouri average
Hopkins (zip 64461), Missouri gets a BestPlaces Cost of Living score of 77.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.6% lower than the U.S. average and 9.6% higher than the average for Missouri.

Zip 64461 (Hopkins, MO)

Housing costs in Hopkins?
A typical home costs $123,000, which is 63.6% less expensive than the national average of $338,100 and 42.1% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Hopkins costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 17.3% cheaper than the state average of $950.

Can I afford Hopkins?
To live comfortably in Hopkins (zip 64461), Missouri, a minimum annual income of $23,400 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Hopkins?
The cost of living in Hopkins, MO (zip code 64461) is relatively low compared to the national average. According to BestPlaces, the overall cost of living index for Hopkins is 72.85, which is 28.15 points lower than the U.S. average. Housing in particular is very affordable, with an average rent price of approximately $610/month for a one bedroom apartment, and an average home price of around $86k. Groceries are also reasonably priced; a liter of milk costs roughly $0.88 while a loaf of bread will cost about $2.19 on average. The local sales tax rate is 8%, and state income tax rate is 6%. Gasoline prices hover around $2 per gallon, generally making it easy on the pocketbook for drivers within Hopkins.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHopkinsMissouriUnited States
    Unlock85.6100.0
  92.7  Unlock100.0
    Unlock104.3100.0
  29.4  Unlock100.0
    Unlock$212,300$338,100
  107.9  Unlock100.0
    Unlock86.2100.0
  72.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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