Cost of Living in Holts Summit, MO

With a cost of living index of 77, Holts Summit, MO is a very affordable place to live. Living here is 23% cheaper than the national average and 3% above the Missouri state average of 75. Holts Summit is a small community of 4,572 residents.

Housing costs are the biggest factor in Holts Summit's cost of living. The median monthly rent is $1,042 (21% below the US median of $1,319), and the median home value sits at $184,400 (40% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.

The median household income in Holts Summit is $81,927, which is 9% higher than the national median of $75,149. Residents spend roughly 15% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Jefferson City, MO (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.