Cost of Living in Fort Leonard Wood, MO

With a cost of living index of 92, Fort Leonard Wood, MO is slightly more affordable than average. Living here is 8% cheaper than the national average and 18% above the Missouri state average of 75. Fort Leonard Wood is a smaller community of 15,317 residents, where everyday costs can differ substantially from nearby larger cities.

The median household income in Fort Leonard Wood is $68,629, which is 9% lower than the national median of $75,149. Residents spend roughly 20% 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.

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.