Cost of Living in Arcadia, MO

With a cost of living index of 53, Arcadia, MO is one of the most affordable cities in the country. Living here is 47% cheaper than the national average and 22% below the Missouri state average of 75. Arcadia is a small community of 595 residents.

Housing costs are the biggest factor in Arcadia's cost of living. The median monthly rent is $359 (73% below the US median of $1,319), and the median home value sits at $122,500 (60% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.

The median household income in Arcadia is $41,875, which is 44% lower than the national median of $75,149. Residents spend roughly 10% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Arcadia. The area sees an average annual temperature of 58.6°F, with summers averaging 78°F and winters around 38°F. Annual rainfall totals 50.8 inches spread over roughly 126 days.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.